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Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers ...

Some ideas seem too good to be true. Like this one. It comes from a 13-year-old listener named Amy. She says she knows the government has trouble finding enough money to pay for stuff like schools and ...

Is printing money bad for the economy? Well, it can cause inflation, devalue a currency and have adverse impacts for investments. But there’s an “unorthodox” macroeconomic theory that has gained ...

Tick off a loss for the modern monetary theorists amid rising inflation, says InfraCap Founder and CEO Jay Hatfield. Modern Monetary Theory (MMT) is a macroeconomic lens which prescribes that ...

As the House and Senate budget committees begin the usual process of putting together a federal budget for the coming fiscal year, one of the big unanswered questions is how much they will be swayed ...

Discover how Chartalism explains the government's influence on money's value and the rise of Modern Monetary Theory. Learn ...

Once upon a time, not that long ago actually, the federal deficit and national debt mattered. In 2008, then-presidential candidate Barack Obama said, “We’re just taking out a credit card from the Bank ...

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 ...