A. Mitchell Innes—a chartalist pioneer—wrote a pamphlet “What Is Money?” (1913) which found a credulous and ideologically ...
Discover how Chartalism explains the government's influence on money's value and the rise of Modern Monetary Theory. Learn ...
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market ...
Modern Monetary Theory (MMT) is a controversial economic framework that has gained attention for its bold ideas on how to tackle economic issues. According to MMT, a government that issues its own ...
Congress Must Get to the Bottom of Jerome Powell’s Lawfare Allegations If You’re Going to Bomb Somebody, Get Congress to Sign On Feds vs. the Fed Animal Welfare vs. Animal Rights Audio By Carbonatix ...
At some point, humans went from bartering goods to exchanging shiny coins and paper bills. The concept of money has evolved to keep up with human needs. But where did the story of money begin, and how ...
Conclusion from Melinda Cooper's 2024 book Counterrevolution: Extravagance and Austerity in Public Finance. Melinda Cooper engages with Modern Monetary Theory (MMT) and argues (contra most Marxists) ...
The U.S. government predicts that in 2020 it will have a deficit of $1.1 trillion: Revenues of $3.6 trillion and expenses of $4.7 trillion. Now Rep. Ocasio-Cortez, the new blithe spirit of the ...
Most people think government borrowing is a problem. But according to Modern Monetary Theory, it creates income for households and businesses. Whether this is good or bad depends on the state of the ...
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