Looking at what MMT is and isn’t.
James K. Galbraith: Modern Monetary Theory – Is there a better model to explain economics in the Trump era?
MMT is about the way the world actually works. It explains why big deficits do not drive up interest rates or “crowd out” private investment, and why big governments in big countries don’t go bankrupt. […]
Yes, the EU political elite are Union zealots until there is more money to be made by being EU-skeptics. Read here
The problem with MMT over decades was that it was being attacked mainly by people that had not even bothered to understand it, much less read the literature. We are experiencing the same thing with […]