Estimated Reading Time: 4 minutes

MMT may be “modern,” but it has done nothing but revive old problems. Modern Monetary Theory (MMT) was the “Mumble Rap” of politics and economics in the late 2010s. The theory was incoherent, unsubstantial, and––before the pandemic, you could not avoid it if you wanted to. People across the country celebrated MMT. Alexandria Ocasio-Cortez, the […]