Kelton’s MMT is as old as money simply because as long as money has existed, people have been trying to get something with it for nothing. Which means they misunderstand money. It’s not printed, ...

Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. For the unfamiliar, modern monetary theory is a fringe school of economic thought arguing that the federal ...

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market ...

"The national debt has exceeded 1 quadrillion yen," "If things continue this way, the burden will be passed on to future ...

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.

“For every complex problem,” wrote H.L. Mencken, “there is an answer that is clear, simple, and wrong.” The issues of “health care, infrastructure, education,” and “climate change” could all be solved ...

Was the Flydubai Hijacking the Latest Iranian Plot Against the West? What Could Possibly Go Right This November? No, We Don’t Need to Spend Taxpayer Dollars to Review Whether Nixon Got a Raw Deal ...

(Bloomberg Opinion) -- Paul Krugman first wrote about modern monetary theory on March 25, 2011. He last wrote about MMT in a two-part series on February 12-13, 2019. Although he's had almost a decade ...

“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 ...

In our June Housing Market Indicators briefing, we introduced the concept of Modern Finance Theory (MFT), which we summarize as follows: The government, in an effort to make housing and higher ...

Arthur Laffer’s and Stephen Moore’s “Bidenomics, Also Known as MMT” (op-ed, June 24) warns that President Biden’s perpetual stimulus policies rest atop a house of Modern Monetary Theory cards that ...

President Biden delivers remarks on the Inflation Reduction Act and his administration's fiscal policies, at Irvine Valley College, in Irvine, Calif., on Oct. 14 ...