I think modern monetary theory (MMT) matters. That is not because it is perfect, because no theory is. Instead, it is because it explains something
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Some on the Marxist left of politics, including those of that persuasion who have now entered the Greens in England and Wales with the clear
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Grace Blakeley has replied to what I wrote about why parts of the left oppose modern monetary theory. In doing so, she has reinforced every
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Time and again, I am being told at present that money creation — which is what Modern Monetary Theory (MMT) quite correctly says happens every
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There is a stock criticism of Modern Monetary Theory (MMT), or modern money as I would rather call it, that goes something like this: MMT
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Rachel Reeves’ Budget was a damp squib, delivering austerity by stealth. There was no vision, and no investment. There was just fear of the City
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“Modern monetary theory (MMT) is dangerous nonsense.” That line, or something very close to it, is now appearing with weary regularity from left-wing economists and
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There was quite a lot of discussion on this blog yesterday about modern monetary theory, so I thought it was worth checking whether the glossary
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I watched this Channel 4 interview with Zack Polanski and others, when it was put out last night, with real pleasure: Few politicians have ever
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