Skip to content

Alt-M

Ideas for an Alternative Monetary Future

Alt-M

Ideas for an Alternative Monetary Future

  • Home
  • Contributors
    • George Selgin
    • Larry White
    • James Dorn
    • Jennifer Schulp
    • Norbert Michel
  • Primer
  • Working Paper Series

budget deficits

modern monetary theory, Stephanie Kelton, deficits, fiscal spending, monetary policy
Money & Politics, News, The Fed & Central Banks

The Nice Limits of Modern Monetary Theory

George Selgin/May 10, 2019June 19, 2022

In my Twitter feed the other day, I came across a link to a website "dedicated to explaining and promoting awareness of Modern Monetary Theory." The site is called "We CAN Have Nice Things," and its summary of MMT seems to me to represent reasonably well how…

Continue reading
inflationary finance, interest on reserves, Quantitative Easing, budget deficits, Donald Trump
Money & Politics, News, The Fed & Central Banks

Interest On Reserves: A Secret Fiscal Weapon We're Better Off Without

George Selgin/January 25, 2017June 19, 2022

Whenever a government agency gains a new power, there’s a risk that, whatever the power’s original intent, it will end up being put to other uses, perhaps good, but often bad. Such is the case for the Fed’s power to pay banks interest on their Federal Reserve…

Continue reading

Follow

Print

Subscribe


Contributors

  • Norbert Michel
  • James Dorn
  • Hu McCulloch
  • Larry White
  • Jennifer Schulp
  • George Selgin
  • Alan Reynolds

Categories

  • Banking Regulation (124)
  • Booms & Busts (57)
  • Commodity Money (80)
  • Currency Boards (19)
  • Digital Money (99)
  • Economic History (206)
  • Economic Thought (166)
  • Events (60)
  • Fiat Money (81)
  • Financial Innovation (50)
  • Financial Markets (138)
  • Free Banking (211)
  • Inflation & Deflation (86)
  • Legal Analysis (3)
  • Monetary Policy Primer (12)
  • Money & Politics (334)
  • News (258)
  • Recommended Reading (99)
  • Securities Regulation (7)
  • The Fed & Central Banks (381)
  • Uncategorized (11)
  • Working Papers (7)

Recent Posts

  • The New Deal and Recovery, Part 22: Postwar Monetary Policy
  • Diamond and Dybvig and the Panic of 1907
  • Diamond, Dybvig, and Government Deposit Insurance
  • Bank and Crypto Runs: F(ac)TX vs Fiction
  • The New Deal and Recovery, Part 21: Happy Days
  • Stop Lionizing Paul Volcker and Villainizing Arthur Burns
  • How Common Has Private Currency Been?

About Us

Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

Sponsors

Liberty and Privacy Network
This work by the Cato Institute and the Liberty and Privacy Network is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.
DMCA | Privacy Policy
top