Modern Money
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Modern Money

Learning the Modern Money system, macroeconomics, aka MMT


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What is Modern Monetary Theory?

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1What is Modern Monetary Theory? Empty What is Modern Monetary Theory? Tue Jan 28, 2020 3:32 pm

Senexx


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WHAT IS MODERN MONETARY THEORY by Steven Hail

Modern monetary theory is an approach to economic management developed since the 1990s by Professor Bill Mitchell, alongside American academics like Professor Randall Wray, Stephanie Kelton, and investment bankers and fund managers like Warren Mosler. It builds on the ideas of a previous generation of economists, such as Hyman Minsky, Wynne Godley and Abba Lerner, whose interpretation of the work of the famous economist J.M.Keynes was very different from that which became dominant by the 1980s.

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