What is MMT (Modern Monetary Theory) and how does it work? Also what are the arguments for it and what are some major criticisms?

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What is MMT (Modern Monetary Theory) and how does it work? Also what are the arguments for it and what are some major criticisms?

In: Economics

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Anonymous 0 Comments

NPR’s Planet Money did a podcast about it, only about 20 mins. They’ll do a better job of explaining than I.

[https://www.npr.org/sections/money/2018/09/26/651948323/episode-866-modern-monetary-theory](https://www.npr.org/sections/money/2018/09/26/651948323/episode-866-modern-monetary-theory)