Comment Comment by signalfish Directly related is "Modern Monetary Theory" or MMT. Here's a 24 minute explainer from NPR, Planet Money.https://www.npr.org/2021/01/20/958854717/modern-monetary-the...And a brief explainer from The Conversationhttps://theconversation.com/modern-monetary-theory-the-rise-...Also known by its detractors as "Magic Money Tree." One of those detractors is of course the Adam Smith Institute.https://www.adamsmith.org/research/the-magic-money-tree-the-...I thought I remembered Freakonomics doing a fairly in-depth discussion on this, but I can't find it. Maybe I mis-remember. parent signalfish 5 years ago
https://www.npr.org/2021/01/20/958854717/modern-monetary-the...
And a brief explainer from The Conversation
https://theconversation.com/modern-monetary-theory-the-rise-...
Also known by its detractors as "Magic Money Tree." One of those detractors is of course the Adam Smith Institute.
https://www.adamsmith.org/research/the-magic-money-tree-the-...
I thought I remembered Freakonomics doing a fairly in-depth discussion on this, but I can't find it. Maybe I mis-remember.