There’s a lot of debate swirling around Modern Monetary Theory—some strident. Its critics call it a hot mess. “MMT has constructed such a bizarre, illogical, convoluted way of thinking about ...

Her expertise is in personal finance and investing, and real estate. Modern Monetary Theory was developed by Warren Mosler. Modern Monetary Theory (MMT) decrees that governments that issue their ...

Few words spark more anxiety in public debate than“national debt” and“government deficit.” National debt is the total amount ...

The theory is intended as a rebuttal to common objections against deficit spending, which is when the government spends more money into the economy than it takes out in taxes. Every time the ...

An earlier version of this article included an incorrect anecdote regarding a Modern Monetary Theory meeting. This version has been updated. About 11 years ago, James K. “Jamie” Galbraith ...

Vineer Bhansali is the Founder and CIO of LongTail Alpha, LLC In the simplest terms, Modern Monetary Theory (MMT) posits that a sovereign country with the ability to print its own currency should ...

That notion was rooted in what’s called Modern Monetary Theory, which posits that there’s nothing to worry about with regard to the level of government spending and borrowing since the ...

The term “modern monetary theory” has been talked about so much lately that we mainstream economists need to try to understand it. We’re having trouble, though I’m beginning to suspect ...

Modern Monetary Theory has come back into the spotlight in recent months. Opponents argue it could spark hyperinflation and disrupt financial markets. For markets, it could have negative effects ...

But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers during the Biden-Harris administration ...