Modern monetary theory advocates argue the government should have a magic wand to conjure up money out of thin air Left to their own devices, politicos every now and then come up with a theory that allows them to promise free lunches. Modern monetary theory (MMT) is all the rage in the United States and [...]
There’s No Free Lunch When it Comes to Government Spending
Modern monetary theory advocates argue the government should have a magic wand to conjure up money out of thin air Left to their own devices, politicos every now and then come up with a theory that allows them to promise free lunches. Modern monetary theory (MMT) is all the rage in the United States and [...]