Discover how monetary theory influences economic activity through money supply changes, with insights on central bank ...

“For every complex problem,” wrote H.L. Mencken, “there is an answer that is clear, simple, and wrong.” The issues of “health care, infrastructure, education,” and “climate change” could all be solved ...

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Tom Steyer's housing platform is the most structurally complete from an MMT perspective, combining supply expansion, direct ...

Sometimes ideas that seem obviously silly catch on and cause serious destruction. In the late 2000s Australian economist Bill Mitchell coined the term “Modern Monetary Theory,” or MMT, to describe ...

We get it, Mitch Daniels really doesn’t like Modern Monetary Theory (MMT). He spent the bulk of his Nov. 9 op-ed, “Modern Monetary Theory, debunked,” hurling insults at MMT (“hogwash,” etc.), invoking ...

In our June Housing Market Indicators briefing, we introduced the concept of Modern Finance Theory (MFT), which we summarize as follows: The government, in an effort to make housing and higher ...

Constantly over the past decade, progressive economists and econo-bloggers have called on Democrats to spend boldly, run trillion-dollar deficits, and not worry about balanced budgets. Modern Monetary ...

Modern Monetary Theory (MMT) has gained mainstream popularity in recent years with Senator Bernie Sanders of Vermont and Representative Alexandria Ocasio-Cortez of New York sharing their support of ...