Last fall, as Chrystia Freeland began laying the groundwork for a postpandemic recovery strategy that would heap more debt onto the federal government’s already immense pile, she felt obliged to ...

Former Treasury Secretary Larry Summers slammed a hotly debated economic theory for suggesting that government debt should not be interpreted as a constraining factor to fiscal policy. Modern Monetary ...

The monetary and fiscal response to the Covid-19 pandemic comes with unprecedented costs. The Bank of Canada’s balance sheet expansion — up to $543 billion in early August — has been stunning compared ...

Few words spark more anxiety in public debate than “national debt” and “government deficit.” National debt is the total amount of money the government owes, accumulated over years of running deficits.

Tick off a loss for the modern monetary theorists amid rising inflation, says InfraCap Founder and CEO Jay Hatfield. Modern Monetary Theory (MMT) is a macroeconomic lens which prescribes that ...

When modern monetary theory began to emerge into popular consciousness almost two years ago it carried with it an odour of coming from the distant economic fringe. Opposed by many traditional ...

A couple of years ago, we talked about the massive global fiscal response to the COVID-19 crisis as a de facto policy experiment in modern monetary theory (MMT). Today, surveying the economic damage, ...

Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers ...

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market ...