Governments the world over are spending like crazy to try and steer their economies through the COVID-19 crisis. Whether it’s the fiscal policies of the government or the monetary policies of the central bank, it all still revolves around using money that wasn’t around a few months ago. So how much of what is happening is described by Modern Monetary Theory – and how much more could be done if we accepted that MMT is the way things should really work. And do central banks, or treasurers really understand it? Phil Dobbie asks Prof Steve Keen whether MMT can solve the COVID-19 debt problem?
Related Articles
Economics
Quinn Slobodian – Neo-liberal Globalism and the Backlash from Within
Quinn Slobodian’s talk on 13 June in Berlin. We would like to thank Quinn for giving the talk and OXI Blog for making this film possible, not to forget Dustin who does the filming and […]
Economics
Costas Lapavitsas – Lexit Re-Loaded
August 28, 2018
Mathew D. Rose
Economics, EU politics, EU-Institutions, Finance, National Politics, Regulation
0
Costas Lapavitsas explains why Leftists and the Labour Party should not support remaining in the neo-liberal EU. We at Brave New Europe don’t take a position on Brexit. While we recognise that many dark and […]
Geopolitics
Kyiv Independent – Ukrainian troops overstretched as Russia picks up speed on battlefield
8 November 2024 With Donald Trump’s U.S. presidential win set to shape the future of Russia’s war against Ukraine, the Kyiv Independent examines the current situation on the battlefield, where Russia is making its fastest […]

Be the first to comment