The foundation of monetarism is the Quantity Theory of Money. The theory is an accounting identity—that is, it must be true. It says that the money supply multiplied by velocity (the rate at which ...

It’s labeled modern monetary theory or MMT. I have read a few efforts to explain this concept and frankly, I would use the late President Bush’s term to best describe it: voodoo economics.

12, No. 4, Winter 2021 MARXISM AND MMT: How Modern Monetary The... MARXISM AND MMT: How Modern Monetary Theory Can Enrich the Debate among Marxists This is the metadata section. Skip to content viewer ...

"Finding the Money," a documentary made by advocates of Modern Monetary Theory (MMT) – a controversial line of economic ...

Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...

Richard Stern and Brooks Newby of The Heritage Foundation write that "we must cut reckless government spending and prevent politicians from abusing the dollar to finance their goals" at the expense of ...

Syria Is a Land of America’s Enemies, and We Should Stay Out Luigi Mangione: Touch of Evil I Think You Should Leave, Jamaal Bowman Modern Monetary Theory, which supposedly banishes nitpicking ...

Stop worrying about debt and just go on a splurge. That's what proponents of an unorthodox economic theory called MMT, or modern monetary theory, are suggesting countries like Japan and the US ...

But why does the Fed choose to cut rates when economic troubles arise? The Fed's straightforward monetary theory is that cutting rates decreases borrowing costs, prompting businesses to take out ...