Ep. 177 Semi-Sensible Krugman vs. Modern Monetary Theory (MMT)
Modern Monetary Theory (MMT) is picking up steam (thanks to Alexandria Ocasio-Cortez and Bernie Sanders), to the point that even Krugman is alarmed. Yes, he says, you will have to raise taxes to pay for what progressives want. This is the episode folks have been asking us for.
Krugman Posts Discussed
“What’s Wrong With Functional Finance?” (February 12, 2019)
“How Much Does Heterodoxy Help Progressives?” (February 12, 2019)
Related Episode, Tom Woods Show
Ep. 38 Murphy Takes on MMT
Related Episode, Bob Murphy Show
Ep. 18 Warren Mosler Defends the Essential Insights of Modern Monetary Theory (MMT)
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