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The Right And Wrong Of MMT (Modern Monetary Theory)
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Manage episode 273982839 series 1885216
Content provided by University of Chicago Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by University of Chicago Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
MMT—modern monetary theory—has become one of the hottest topics in economics. The best selling book, "The Deficit Myth", by economist Stephanie Kelton has even made this little understood theory go mainstream. But deeply analyzing these ideas has become more pressing than ever as we debate, in the middle of a pandemic, whether the government should be adding more debt to support the economy. Along with our guest, "grumpy" economist John Cochrane from the Hoover Institution at Stanford University, we take a look at what MMT gets right, what it gets wrong, and how it should change our thinking.
…
continue reading
181 episodes
MP3•Episode home
Manage episode 273982839 series 1885216
Content provided by University of Chicago Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by University of Chicago Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
MMT—modern monetary theory—has become one of the hottest topics in economics. The best selling book, "The Deficit Myth", by economist Stephanie Kelton has even made this little understood theory go mainstream. But deeply analyzing these ideas has become more pressing than ever as we debate, in the middle of a pandemic, whether the government should be adding more debt to support the economy. Along with our guest, "grumpy" economist John Cochrane from the Hoover Institution at Stanford University, we take a look at what MMT gets right, what it gets wrong, and how it should change our thinking.
…
continue reading
181 episodes
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