Modern Monetary Theory Archive

MMT, The Euro And The Greatest Prediction Of The Last 20 Years?

Thanks, Cullen!!! MMT, The Euro And The Greatest Prediction Of The Last 20 Years? By Cullen Roche November 7 (Seeking Alpha) —Being right matters. This isn’t emphasized quite enough in the finance world and in economics in general. Too often, bad theory has led to bad predictions which has helped contribute to ...Read More

MMT history and overview

Excellent post from Johnsville: Modern Monetary Theory (MMT) in a Nutshell A rampaging mutant macroeconomic theory called Modern Monetary Theory, or MMT for short, is kicking keisters and smacking down conventional wisdom in economic circles these days. This is because an energized group of MMT economists, bloggers, and their loyal foot soldiers, ...Read More

Modern Monetary Theory: The Last Progressive Left Standing

Modern Monetary Theory: The Last Progressive Left Standing By Warren Mosler ...Read More

Philadelphia Fed survey, existing home sales, leading indicators all disappoint

Typical street review of today’s numbers from Goldman. As suspected, look for continued downward revisions to initial 4% Q2 estimates. And note the graph below showing employment as a % of the population. The economy continues to be demand constrained at very low levels. (That is, for the size govt we have, ...Read More

Warren’s latest presentation

Attached is a copy of a presentation that Warren delivered yesterday in Montreal. We were extremely well received and Warren was a huge hit, mixing a concoction of high dose monetary economic realities with real life experiences and anecdotes from his long and lustrous career as a market wizard. The presentation was ...Read More

Highlighted comment

Colin Kendall Says: November 4th, 2010 at 10:36 am I am a new convert to the ideas of MMT. As a British Mensa member, it is quite embarrassing for me to admit that for the first sixty years of my life I believed every one of Warren’s Innocent Frauds. ...Read More

MMT and Fed/Treasury operations

Excellent- an instant classic! Modern Monetary Theory—A Primer on the Operational Realities of the Monetary System By Scott Fulwiller ...Read More