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 ...
Thanks to Antidumping Laws, Americans Can Say ‘Addio!’ to Italian Pasta Other People’s Kronor: Sweden’s ‘Green’ Investment Fiasco Audio By Carbonatix For decades, the Democrats have had a lot of ...
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.
A viral video of President Joe Biden's chief economic adviser, Jared Bernstein, appearing to struggle to explain how monetary policy works has raised new questions about the administration's handling ...
Sometimes ideas that seem obviously silly catch on and cause serious destruction. In the late 2000s Australian economist Bill Mitchell coined the term “Modern Monetary Theory,” or MMT, to describe ...
“I could buy whatever I want, an iPhone and a computer, AirPods and a Barbie Dreamhouse. A real Barbie Dreamhouse that’s big and has walls. It would be in Paris because of the Eiffel Tower. I would go ...
Daniel Horen Greenford receives funding from the Social Sciences and Humanities Research Council. Concordia University provides funding as a founding partner of The Conversation CA. Universitié ...