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 ...

“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 ...

Yuzo Kano, founder and CEO of leading Japan-based exchange Bitflyer, says that Modern Monetary Theory (MMT) could lead to all kinds of economic and societal ills, including runaway inflation and loss ...

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 ...

Regular listeners of this podcast might recall an episode we did a few years back on Modern Monetary Theory. MMT is the economic theory that basically says a country that controls its own currency can ...

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 ...

If book sales are any guide, then Modern Monetary Theory is gaining traction. The unorthodox doctrine, which says governments have spare capacity to borrow and spend, has won attention on Wall Street ...

Modern Monetary Theory is a valid description of money as it actually is (and was), and a policy recipe for economic growth. There are important twenty-first century stories which require money to be ...

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 ...