Policy and business circles these days buzz about something called modern monetary theory (MMT). Many claim it explains why budget deficits do not matter and why monetary ease, “printing money,” can ...
Last week I looked at how, for modern day purposes, monetary policy started around 1750. It began with the departure from the presumption that money is wealth to the idea that money is a veil and that ...
Forbes contributors publish independent expert analyses and insights. I wrote the book on vulture investing. This article is more than 5 years old. Trillion-dollar deficits and constant expansion of ...
In today’s world of high inflation and multi-trillion-dollar budget deficit, many believe the U.S. government has spent too much to bring the economy out of the COVID-19 recession. While today’s ...
Rep. Alexandria Ocasio-Cortez has said it “absolutely” should be part of our conversation about the economy. During the presidential campaign, Sen. Bernie Sanders’ chief economist was an adherent. But ...
Rep. Alexandria Ocasio-Cortez has said it “absolutely” should be part of our conversation about the economy. During the presidential campaign, Sen. Bernie Sanders’ chief economist was an adherent. But ...
There is a new brand of economic theory floating around, supported by left-leaning politicians and economists, and actually put into practice by the Trump administration and formerly conservative ...
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 ...
Alexandria Ocasio-Cortez, the newly elected representative from the Bronx, told Business Insider recently that modern monetary theory, or MMT, should “be a larger part of our conversation” when it ...
As the campaign in the 2020 presidential race heats up, so do the promises, with each new candidate vying for who can offer voters the most goodies. But goodies don’t come cheap. Many of the promises ...