MMT holds that a Federally-funded, locally-administered Job Guarantee is a way to achieve full employment (everyone willing and able to work can have a job—not 96.3%, but 100%) and would also act as a ...

Our old friends, the supporters of Modern Monetary Theory (MMT), made a surprise cameo on social media last week when a brief clip from their documentary “Finding the Money” went viral. In the clip, ...

“Inflation is always and everywhere a monetary phenomenon,” Milton Friedman once said. In other words, don’t blame greed — blame the politicians who control the money supply. Ron Paul called inflation ...

For “Ask an Economist” this week, I have a question from John O. about Modern Monetary Theory (MMT). I’ve purposefully avoided MMT in the past for a few reasons. First, because it appears to be ...