In response to the economic impact of the coronavirus pandemic, Congress passed a $2.2 trillion stimulus package, transferring large amounts of cash to people in the form of both direct stimulus funds ...
Modern monetary theory, known as MMT, erupted suddenly into the public consciousness when it won the attention of high-profile politicians including Bernie Sanders and Alexandria Ocasio-Cortez and ...
Primer on Modern Monetary Theory. Useful to understand Modern Monetary Theory and economics in general. Concept leans to the Utopian side of the ledger. Hot off the press is Stephanie Kelton's The ...
Stephanie Kelton, an economics professor at Stony Brook University on Long Island in New York, has a radical new way for thinking about the economy: Governments that print and borrow their own ...
The economist known as the godfather of Modern Monetary Theory is sounding an alarm on the rising fiscal deficit, saying that America is spending like a “drunken sailor.” American economist Warren ...
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Weston Wamp is the founder of the Millennial Debt Foundation based in Chattanooga, Tennessee. As the pandemic continues to be used as justification for historic levels of deficit spending, the ...