Tuesday , January 19 2021
Home / Jeff Deist, Robert P. Murphy /MMT Explained with Dr. Robert Murphy

MMT Explained with Dr. Robert Murphy

Summary:
Do we fund government or does government fund us? Can sovereign states issue currency at will without risk of default? Are government deficits actually a form of public wealth? And can newly issued currency (rather than taxes or bonds) be used to pay for public works, health care, college, entitlements, and guaranteed jobs? These are ...

Topics:
Jeff Deist, Robert P. Murphy considers the following as important:

This could be interesting, too:

David Henderson writes A Shocking USPS Admission

José Niño writes Beware the Troop-Withdrawal Bait and Switch

Ryan McMaken writes When It Comes to National Defense, Bigger Isn’t Always Better

David Gordon writes A World without Political Leaders?

Do we fund government or does government fund us? Can sovereign states issue currency at will without risk of default? Are government deficits actually a form of public wealth? And can newly issued currency (rather than taxes or bonds) be used to pay for public works, health care, college, entitlements, and guaranteed jobs? These are the arguments made by Professor Stephanie Kelton in The Deficit Myth, the latest addition to the "Modern Monetary Theory" concept. If it sounds too good to be true, it is—and Dr. Murphy joins the show to explain why.  

Read Dr. Murphy's review of The Deficit Myth at mises.org/DeficitMyth

Leave a Reply

Your email address will not be published. Required fields are marked *