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Stephanie Kelton: Modern Monetary Theory Is Not a Recipe for Doom
There are no inherent tradeoffs between fiscal and monetary policy. Paul Krugman first wrote about modern monetary theory on March 25, 2011. He last wrote about MMT in a two-part series on February 12-13, 2019. Although he’s had almost a decade to come to terms with the approach, he is still getting some of the basic ideas wrong. This matters
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Posted: February 21, 2019 Thursday 08:00 AM