Green New Deal Archives

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, 2019January 2, 2020 /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…

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, 2019January 2, 2020 /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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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

Green New Deal

The Nice Limits of Modern Monetary Theory

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