Modern Monetary Theory – entering adoption phase

Whenever there’s an economic ideology that is gaining traction, I try to keep an open mind about it and stay abreast. I’ve noticed throughout history that when the dominant economic ideology of the day changes, their effects are typically felt over years and decades. After all it was Lord Keynes who wrote that: ‘The ideas … More Modern Monetary Theory – entering adoption phase

If there’s one thing to know soon, it’s MMT

MMT stands for ‘Modern Monetary Theory’, and it may be the next must-know term to know and understand before it becomes mainstream. OK, but what exactly is Modern Monetary Theory? The Roosevelt Institute published an article about it eight years ago, and it simply describes a school of thought in macro-economic thinking that revolves around … More If there’s one thing to know soon, it’s MMT