In our June Housing Market Indicators briefing, we introduced the concept of Modern Finance Theory (MFT), which we summarize as follows: The government, in an effort to make housing and higher ...
Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers ...
Few words spark more anxiety in public debate than "national debt" and "government deficit." National debt is the total amount of money the government owes, accumulated over years of running deficits.
If book sales are any guide, then Modern Monetary Theory is gaining traction. The unorthodox doctrine, which says governments have spare capacity to borrow and spend, has won attention on Wall Street ...
LONDON, April 14 (Reuters Breakingviews) - Economic theories become fashionable when their ideas meet the needs of the age. John Maynard Keynes’s “General Theory of Employment, Interest and Money” ...
Simon Fraser University provides funding as a member of The Conversation CA. Simon Fraser University provides funding as a member of The Conversation CA-FR. Few words spark more anxiety in public ...