An obscure economic fad known as Modern Monetary Theory is again in the news. This is in part because its leading advocates are backing away from several of its central predictions, while ...
1. Modern monetary theory and the case for gold. With central banks around the world loosening monetary policy in response to flagging growth and possible trade-war fallout, modern monetary theory ...
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market ...
“For every complex problem,” wrote H.L. Mencken, “there is an answer that is clear, simple, and wrong.” The issues of “health care, infrastructure, education,” and “climate change” could all be solved ...
Conclusion from Melinda Cooper's 2024 book Counterrevolution: Extravagance and Austerity in Public Finance. Melinda Cooper engages with Modern Monetary Theory (MMT) and argues (contra most Marxists) ...
Forbes contributors publish independent expert analyses and insights. Working on digital transformation by busting boundaries. During the 2023 Economic Policy Symposium "Structural Shifts in the ...
E-money development has important yet theoretically ambiguous consequences for monetary policy transmission, because nonbank deposit-taking e-money issuers (EMIs) (e.g., mobile network operators) can ...
Central banks in late 2021 kicked off the steepest and most coordinated series of interest rate hikes in four decades to contain the postpandemic inflation outbreak (see Chart 1). Many economists ...
Go here and read the articles under the category "debriefing 101", at least the first dozen. Yeah that's a lot of reading, but it's a complex topic and Bill Mitchell's writing is easy to understand ...