World Review of Political Economy Vol. 12, No. 4, Winter 2021 MARXISM AND MMT: How Modern Monetary The... MARXISM AND MMT: How Modern Monetary Theory Can Enrich the Debate among Marxists This is the ...
Some US politicians are advocating Modern Monetary Theory as a way to drive funding for public services. However, economists are more sceptical and suggest that this radical approach could pose ...
It’s labeled modern monetary theory or MMT. I have read a few efforts to explain this concept and frankly, I would use the late President Bush’s term to best describe it: voodoo economics.
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Stop worrying about debt and just go on a splurge. That's what proponents of an unorthodox economic theory called MMT, or modern monetary theory, are suggesting countries like Japan and the US ...
Understanding money's nature as political, institutional, and material answers today's big money questions. Money remains a foundational question of social theory. What is money? Why does something so ...
Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...
But why does the Fed choose to cut rates when economic troubles arise? The Fed's straightforward monetary theory is that cutting rates decreases borrowing costs, prompting businesses to take out ...
Syria Is a Land of America’s Enemies, and We Should Stay Out Luigi Mangione: Touch of Evil I Think You Should Leave, Jamaal Bowman Modern Monetary Theory, which supposedly banishes nitpicking ...