Inflationary Pressures in the Time of Covid-19: MMT as a Theory of Inflation
According to Modern Monetary Theory (MMT), the only constraint on public spending for a currency issuing authority like the United States government is inflation.
According to Modern Monetary Theory (MMT), the only constraint on public spending for a currency issuing authority like the United States government is inflation.
Pediatric lead poisoning is one of the most studied and persistent issues of environmental and racial injustice facing the United States.
This paper applies theories of institutional adjustment and Modern Monetary Theory to the problem of rapidly transitioning to an electricity provisioning system consistent with the Green New Deal.
This article will first provide the two main theoretical perspectives related to the U.S. health system: the “market-based” view and the “socially sensitive” view.
This paper describes a novel policy mechanism for revitalizing U.S. public higher education in the age of COVID-19.
Among DIY musicians, one often hears support for a Universal Basic Income on the logic that if rent and food are covered, one could spend more time on music.
Economists in the 1940s and 1950s faced a unique historical challenge: doing their part to ensure the victory of major war efforts all around the world.
This article discusses some of the issues revolved around implementing the Job Guarantee approach at the local level.
This paper proposes a centrally funded and locally administered Chinese Green Job Guarantee to achieve three goals.
Using historical sources, we attempt to unravel and elucidate the economic worldview held by the United States Treasury Department during World War II. We analyze the Treasury’s view of taxation, bond sales, and interest rates.