Modern Monetary Theory Isn’t Modern. It’s Antiquated
Estimated Reading Time: 4 minutes
When it comes to economic panaceas, there isn’t much new under the sun. MMT, shorthand for Modern Monetary Theory, is the elixir du jour, but it is actually an old potion with a slick new label. The New York Times has noted, [Stephanie Kelton] … is the most familiar public face of Modern Monetary Theory, which posits […]