Modern Monetary Theory (MMT) has gained mainstream popularity in recent years with Senator Bernie Sanders of Vermont and Representative Alexandria Ocasio-Cortez of New York sharing their support of ...

Crypto needs financial products — simply positioned and simply transparent — to preserve and grow people’s assets in difficult times. With the COVID-19 crisis showing no signs of abating in the United ...

Modern Monetary Theory (MMT) says countries that spend, tax and borrow in their own currency shouldn’t worry about government deficits because they can print as much money as they need. Traditional ...

Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers ...

Few words spark more anxiety in public debate than "national debt" and "government deficit." National debt is the total amount of money the government owes, accumulated over years of running deficits.

With the government borrowing heavily to fund its pandemic response and recovery, it has been suggested it could simply cancel its debt by printing more money. That sounds like an ...