Tag Archives: mmt
Modern Monetary Theory Bites the Dust
Fashion changes from one year to the next so fast it’s best to ignore it. Not only will you save money by not chasing the latest shiny object. You’ll also retain more of the most valuable commodity of all. Your time. Continue reading
Posted in Inflation, MN Gordon
Tagged ice cube, mmt, modern monetary theory, stephanie kelton, the deficit myth
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The Three Stages of Modern Monetary Theory
Some ideas are so bad they’re best ignored. Like resentments – or stray cats – if you don’t feed them, they’ll go away. Before long, they’re forgotten altogether. That has been our approach to Modern Monetary Theory (MMT). The idea’s so obviously foolish, reckless, and outright suicidal. Why feed this dorkus maximus of economic thought? Continue reading
