We need to pause for a moment – in Keynesian economic theory, investment is placed opposite from saving. Easy monetary policy supposedly drives investment and thereby economic growth, while tight ...

Liberal Democrats have embraced an obscure brand of economics — "modern monetary theory" — to make the case for deficit-financed government programs like the Green New Deal for clean energy ...

Modern Monetary Theory is so named and it’s considered so outside mainstream economics is because the reality it describes has only really existed since 1971. As Kelton explains in her book, that is ...

Modern Monetary Theory, the buzziest economic idea in decades, got a pandemic tryout of sorts. Now inflation is testing its limits. ... Not exactly “easy peasy,” to borrow a phrase of hers.

And even the more strictly defined theory of government spending power has its ardent left wing critics: Doug Henwood, a longtime left-wing commentator on economics and finance, wrote in Jacobin ...

So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers during the Biden-Harris administration, may have returned Donald Trump to the White House.

There is a new brand of economic theory floating around labeled modern monetary theory (MMT). John Phipps explains what it means and how it's impacting the country.

Economic theories become fashionable when their ideas meet the needs of the age. John Maynard Keynes’s “General Theory of Employment, Interest and Money” offered an escape from the 1930s ...

Modern Monetary Theory, the newest economic theory credited to Warren Mosler in the 1990s and popularized by economist Stephanie Kelton in the 2010s, argues that government expenditure is not ...

By Francis Ntow Accra, March 10, GNA – A new book, ‘Monetary Economics in Emerging and Developing Countries,’ which aims to offer a comprehensive understanding and solutions to the ...