What do you think of Modern Monetary Theory

I've only recently looked into this. I understand that it is a staple of the "Green New Deal". From what I have gleaned from a very brief introduction to it (Modern Monetary Theory), it dismisses classical schools of economic thought, which includes Marxian. Could you touch on this subject in one of your talks just to explain from your more learned understanding just exactly what point they are trying to make, and if you "buy" their teaching.

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  • Randy Bauer
    published this page in Ask Prof. Wolff 2017-08-08 22:41:41 -0400