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Ideas for an Alternative Monetary Future

Alt-M

Ideas for an Alternative Monetary Future

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Green New Deal

Money & Politics, News, The Fed & Central Banks

Central Banking and Climate Change

James Dorn/October 1, 2021June 19, 2022 /3 Comments

There is increasing pressure on central banks to take climate change into account in formulating monetary policy.  The Bank of England and the European Central Bank have already done so, and the Fed may follow suit.  Indeed, the Fed’s move into credit allocation and fiscal policy, as…

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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 /28 Comments

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…

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Green New Deal, Modern Monetary Theory, Stephanie Kelton, Federal Reserve, government debt
Money & Politics, News, The Fed & Central Banks

The Modern New Deal That's Too Good to be True

George Selgin/February 8, 2019June 19, 2022 /68 Comments

This morning I responded to leading Modern Monetary Theory (MMT) proponent Stephanie Kelton's Huffington Post op-ed, "How We Can Pay for a Green New Deal," with a tweet observing that "MMT often boils down to nothing more than an especially naïve sort of Keynesianism: assume an unlimited…

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  • Norbert Michel

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  • Money & Politics (325)
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  • The Fed & Central Banks (378)
  • Uncategorized (11)
  • Working Papers (7)

Recent Posts

  • The Menace of Fiscal Inflation
  • Monetary Progress
  • Paul Krugman and the "Ersatz" Theory of Private Currencies
  • The New Deal and Recovery, Part 18: The Recovery So Far
  • Should the Fed Devalue Our Currency to Implement Negative Interest Rates?
  • Populism and the Future of the Fed: A New Book from Cato’s Center for Monetary and Financial Alternatives
  • Revising the Bank Secrecy Act to Protect Privacy and Deter Criminals (CMFA Working Paper No.007)

Recent Comments

  • brian_in_arizona on The Menace of Fiscal Inflation
  • Selgin on Paul Krugman and the "Ersatz" Theory of Private Currencies
  • Brutus admirer on Monetary Progress
  • Brutus admirer on The Menace of Fiscal Inflation
  • Max Hydrogen on The Menace of Fiscal Inflation

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.

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