Modern Monetary Theory: A Wrong Compass for Decision-Making
Abstract In the last few years, the so-called Modern Monetary Theory (MMT) has been gaining prominence in the media and the public. This article presents the MMT approach to money and monetary policy, and discusses its recommendations regarding fiscal policy and aggregate demand management, the stru...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2021-12-01
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| Series: | Intereconomics |
| Online Access: | https://doi.org/10.1007/s10272-021-1014-5 |
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