UNITED STATES - FEBRUARY 02: Stephanie Kelton, chief economist for the Senate Budget Committee's minority staff, picks up copies of President Obama's budget for fiscal year 2016, in Dirksen Building, ...

Simon Fraser University provides funding as a member of The Conversation CA. Simon Fraser University provides funding as a member of The Conversation CA-FR. Few words spark more anxiety in public ...

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 ...

In orthodox economics, the idea of printing money to solve a nation’s problems is near-universally seen as a very bad one. In contrast, MMT proposes that nations that issue their own “fiat” currencies ...