Economics (Theory and Philosophy)

Modern Monetary Theory Finds an Embrace in an Unexpected Place: Wall Street

M.M.T.’s fans include Alexandria Ocasio-Cortez, Bernie Sanders — and financial analysts at Goldman Sachs, Nomura and GMO. Source: https://www.nytimes.com/2019/04/05/business/economy/mmt-wall-street.html?partner=rss&emc=rss

Economic View: Modern Monetary Theory Makes Sense, Up to a Point

Urgent goals might justify more debt for a while, the economist Robert Shiller says, but this does not license unlimited spending or endlessly accelerating debt. Source: https://www.nytimes.com/2019/03/29/business/modern-monetary-theory-shiller.html?partner=rss&emc=rss