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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.
He is particularly interested in global health and pandemic prevention, anti-poverty efforts, economic policy and theory, and conflicts about the right way to do philanthropy. Modern Monetary ...
Two emerging and extreme theories are reframing the existing economic conversation as we know it. Modern Monetary Theory is the thesis and Cryptocurrency is the antithesis. However, both Bitcoin and ...
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.
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New book sheds light on monetary economics in EDCs - MSNBy 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 ...
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