As Democrats present ambitious policy proposals, they are frequently asked how they will be paid for. The answer, increasingly, comes from Stephanie Kelton, the public face of modern monetary theory. Another mainstream media outlet talking about MMT. Source: Can the U.S. Afford Democrats’ Bold Promises? Why One Economist Says Yes – WSJ Continue reading Can the U.S. Afford Democrats’ Bold Promises? Why One Economist Says Yes – WSJ

Maybe we can just spend our way out of a crisis. Actually we can. Source: Modern Monetary Theory explained — why Alexandria Ocasio-Cortez is a fan – Business Insider Continue reading Modern Monetary Theory – MMT: Here’s a plain-English guide to what it is and why it’s interesting | Business Insider

MMT is no longer limited to books and journals. It’s being used to support policy proposals and is both lauded and attacked in the popular press. The latter has accelerated of late, … Continue reading MMT: Sense Or Nonsense?

It is right and just and fair to ask if the government can afford wars, social support programs, border walls, and so on. It is wrong, however, to think of that in terms of money. That’s not the problem. Resources are. Source: But Can The Government Afford It? Continue reading But Can The Government Afford It? | Forbes

Modern monetary theory is just a different way to fight over what those priorities should be. Modern Monetary Theory in the Financial Times. Source: America has never worried about financing its priorities … Continue reading America has never worried about financing its priorities | FT

So much ink has been spilled for so long on the national debt, it might be nice if that $22 trillion plus on the red side of the US balance sheet just … Continue reading Debt? What debt? The new wave in Democratic thinking – CNNPolitics