[Member Post]

 

Modern Monetary Theory (MMT) is an oddball macroeconomic framework that provides the theoretical structure that underlies the wishlist of progressive massive government spending proposals like universal basic income, free child care, free college, and universal healthcare. Where does the money come from to pay for these lavish giveaways? Government prints it. Just like that. Crazy, […]

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The post Modern Monetary Theory: Wishful Thinking or Exposing a Fatal Flaw at the Heart of Neoclassical Economics? was written by Ricochet member Ekosj and recommended by members for promotion to the Main Feed. Become a member to get your posts published on the home page as well.

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