Tick off a loss for the modern monetary theorists amid rising inflation, says InfraCap Founder and CEO Jay Hatfield. Modern Monetary Theory (MMT) is a macroeconomic lens which prescribes that ...

There’s nothing new about “modern monetary theory.” And, actually, a lot of it is true. You can print all the money you like — that is, increase the supply — as long as there is a corresponding ...

Forbes contributors publish independent expert analyses and insights. I write about economic policy for the 21st century. There is a very long history of this in economics. Much of Keynesianism since ...

A major goal of research on national development and underdevelopment is to specify and empirically test propositions drawn from theories emphasizing individual, societal, or international ...

Former Treasury Secretary Larry Summers slammed a hotly debated economic theory for suggesting that government debt should not be interpreted as a constraining factor to fiscal policy. Modern Monetary ...