Search Results for: mmt

MMT is a Political Problem: Part 2

Thornton Parker       In the first part of this series, we explained why MMT should be seen as a political problem rather than just an educational one.  In this concluding part, we will discuss where MMT promotion is most likely … Continue reading

MMT is a Political Problem: Part 1

By Thornton Parker        The way a problem is seen can determine how or even if it gets solved.  When the French engineer, Ferdinand de Lesseps, was picked to build the Panama Canal, he saw it as another excavation … Continue reading

ALTERNATIVE PATHS TO MMT

[ed. This was part Randy’s Talk at ICAPE.] By L. Randall Wray First I’ll clearly state what MMT is and then outline four paths that lead to MMT’s conclusions: history, logic, theory and practice. What is MMT? It provides an … Continue reading

MMT: REPORT FROM THE FRONT (PART 3)

By L. RANDALL WRAY In this part, I’ll resume with comments on the critical contributions to the special issue of rwer. We finished Part 2 with a discussion of the shocking lack of citations to MMT literature in the critiques—especially … Continue reading

MMT: REPORT FROM THE FRONT (PART2)

By L. Randall Wray PART 2 In Part 1 I discussed the third annual MMT conference that was recently held at Stony Brook, and you can find the program as well as videos of the conference here: (https://www.mmtconference.org/). In this … Continue reading

MMT: REPORT FROM THE FRONT

By L. Randall Wray PART 1 As many readers know, the third annual MMT conference was recently held at Stonybrook, and you can find the program as well as videos of the conference at the link: (https://www.mmtconference.org/). In addition, real-world … Continue reading

Why Moscow Mitch needs MMT

By J.D. ALT Mitch McConnell is desperate to find investment funds and businesses that will create jobs for his Kentucky constituents. America, it seems, is mostly incapable of being a source for either. Such is the diminishment of our impoverished … Continue reading

MMT Carbon Initiative—a modest proposal

By J.D. ALT With great interest, I’ve been reading about the “Terraton Initiative”—a program designed to enlist farmers to sequester one trillion tons of carbon in their soil using innovative and “regenerative” planting techniques. The initiative was recently rolled out … Continue reading

JAPAN DOES MMT?

L. Randall Wray In recent days the international policy-making elite has tried to distance itself from MMT, often going to hysterical extremes to dismiss the approach as crazy. No one does this better than the Japanese. As MMT began to … Continue reading

MMT, Models, Multidisciplinarity

By Pavlina R. Tcherneva The attacks on MMT are taking a comical turn. A recent one, courtesy of Noah Smith, takes aim at a paper I wrote in the 90s titled “Monopoly Money: The State as a Price Setter”. It … Continue reading