The essential insight of Modern Monetary Theory (or “MMT”) is that sovereign, currency-issuing countries are only constrained by real limits. They are not constrained, and cannot be constrained, by purely financial limits because, as issuers […]

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Mark and Carries end of year roundup, including this years surprising Good Cop and Bad Cop nominees. Also Alabama’s Senate race, the repeal of net neutrality, Brexit, Argentina and more. Mark Blyth, political economist at […]