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MMT

MMT and External Constraints

MMT and External Constraints

November 28, 2024May 27, 2023 by L. Randall Wray

To Fix or To Float, that is the question.

Categories New Economic Perspectives, Real Progressives Tags Borrowing, Foreign Exchange, Imports-Exports, MMT, Sovereignty
What if the Public Understood How Money Works?

What if the Public Understood How Money Works?

February 3, 2025May 27, 2023 by William K. Black

The truth about federal finance used to be common household knowledge, maybe it should be again.

Categories New Economic Perspectives Tags Capitalism, Deficit, Keynes, Libertarian, MMT, Taxation
Taxes Don't Fund Spending

Taxes Don’t Fund Federal Spending

November 24, 2024February 26, 2023 by Steven D. Grumbine

Our federal government doesn’t need revenue. So why the chatter about how will the government get money to fund its operations?

Categories Economic Justice Tags Deficit, MMT, Taxation
Comparative Analysis of Modern Monetary Theory and Textbook Economics

Comparative Analysis of Modern Monetary Theory and Textbook Economics

March 19, 2025November 7, 2022 by Rishabh Balamitran

The current economic framework within which policy is developed seems incapable of addressing climate change. Even policymakers who acknowledge the magnitude of the problem are avoiding real solutions, not knowing how solutions can be funded.

Categories Academic Tags MMT, Sectoral Balances
MMP Blog #50: MMT Without the JG? Conclusion

MMP Blog #50: MMT Without the JG? Conclusion

November 5, 2024September 24, 2022 by L. Randall Wray

Can you separate the MMT explanation of the cause of unemployment from the policy to cure it? Yes. Should you? Of course not.

Categories Modern Money Primer, New Economic Perspectives Tags Federal Job Guarantee, MMT
Blog Responses: Retrospective on MMT

Blog Responses: Retrospective on MMT

October 21, 2024August 25, 2022 by L. Randall Wray

There was one substantive and flawed comment on the MMT Retrospective, so I will deal with that here.

Categories Modern Money Primer, New Economic Perspectives Tags Debt, MMT, Sovereignty
Answers from the MMTers

Answers from the MMTers

October 28, 2024May 31, 2022 by Stephanie Kelton

Jared Bernstein, longtime economic advisor to Joe Biden asked the MMT academics some questions. They answered.

Categories New Economic Perspectives Tags MMT
Where to Start Learning About MMT

Where to Start Learning About MMT

October 21, 2024March 22, 2022 by Steven D. Grumbine

Have you recently discovered MMT or Modern Monetary Theory and want to learn more but aren’t sure where to start? Well, start at the beginning, of course!

Categories Economic Justice Tags Banking, Federal Job Guarantee, MMT
The National Debt and Other Red Herrings

The National Debt and Other Red Herrings

October 21, 2024January 15, 2022 by Jonathan Kadmon

Discussions of inflation are often laden with an air of superstition and moral panic. Like all such things they can only persist in the face of misunderstanding and rumor.

Categories Economic Justice Tags Deficit, MMT, National Debt, Propaganda
Single Payer “State by State”? No. Here’s why…

Single Payer “State by State”? No. Here’s why…

October 27, 2024January 4, 2022 by Geoff Ginter

There really is only one way to go, and we can only get there by all rowing in the same direction at the same time and forcing the federal government to enact, and fully fund, single-payer healthcare – Medicare For All.

Categories Health & Wellbeing Tags Medicare For All, MMT, Single Payer, State by State, Universal Healthcare
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