Series: Who figured out Modern Monetary Theory?

Modern Monetary Theory (MMT) is a fairly new school of economic thought that is built upon a functional description of how currency issuer treasuries and central banks actually add money to and remove money from the economy. It also takes into account how the commercial banking system shapes the economy.

Modern Monetary Theory

Who figured out Modern Monetary Theory? When? How?

This entry is part 1 of 7 in the series Who figured out Modern Monetary Theory?

Modern Monetary Theory is an economic school of thought that starts with the fiscal operations whereby currency issuer Treasury Departments and Central Banks add money to the economy and take money out. It also take into account how the commercial banking system shapes the economy. The first published book describing this was published in 1993. …

Who figured out Modern Monetary Theory? When? How? Read More »

Warren Mosler: A picture of him I found on the Internet

Who is this Warren Mosler fella? And why did he inflict MMT on us?

This entry is part 2 of 7 in the series Who figured out Modern Monetary Theory?

The most interesting thing, at least to me, about the story of Warren Mosler and the development of MMT (Modern Monetary Theory) is that at the time, calling him an economist was a stretch. While it’s true he graduated with a BA in Economics from the University of Connecticut, he graduated with a 2.5 GPA …

Who is this Warren Mosler fella? And why did he inflict MMT on us? Read More »

Some MMT economists: Pictures of L Randall Wray, Stephanie Kelton, and Mariana Mazzucato

Who else in the MMT universe is worth paying attention to? Part 1

This entry is part 3 of 7 in the series Who figured out Modern Monetary Theory?

Since Warren Mosler accidently created this MMT thing, what is considered to be a new school of economic thought (or perhaps it’s a subset of the post Keysenians school – I’m not sure), it has come to the attention of what I’ll call “real” economists, by which I mean people with PhDs who teach economics …

Who else in the MMT universe is worth paying attention to? Part 1 Read More »

MMT Economists (sort of): Images of Pavlina Tcherneve, Michael Hudson, and Steve Keen

Who else in the MMT universe is worth paying attention to? Part 2

This entry is part 4 of 7 in the series Who figured out Modern Monetary Theory?

Since Warren Mosler accidently created this MMT thing, what is considered to be a new school of economic thought (or perhaps it’s a subset of the post Keysenians school – I’m not sure), it has come to the attention of what I’ll call “real” economists, and political economists, and others, by which I mean people …

Who else in the MMT universe is worth paying attention to? Part 2 Read More »

MMT Economists (sort of): Image of Mark Blyth and David Graeber

Who else in the MMT universe is worth paying attention to? Part 3

This entry is part 5 of 7 in the series Who figured out Modern Monetary Theory?

Since Warren Mosler accidently created this MMT thing, what is considered to be a new school of economic thought (or perhaps it’s a subset of the post Keysenians school – I’m not sure), it has come to the attention of what I’ll call “real” economists, and political economists, and others, by which I mean people …

Who else in the MMT universe is worth paying attention to? Part 3 Read More »

MMT Economist: Picture of John T Harvey

Who else in the MMT universe is worth paying attention to? Part 4

This entry is part 6 of 7 in the series Who figured out Modern Monetary Theory?

Since Warren Mosler accidently created this MMT thing, what is considered to be a new school of economic thought (or perhaps it’s a subset of the post Keysenians school – I’m not sure), it has come to the attention of what I’ll call “real” economists, and political economists, and others, by which I mean people …

Who else in the MMT universe is worth paying attention to? Part 4 Read More »

MMT guy: Thumbnail of a Nick Hanauer TED talk.

Who else in the MMT universe is worth paying attention to? Part 5

This entry is part 7 of 7 in the series Who figured out Modern Monetary Theory?

As I stated when I first mentioned Nick Hanauer a few posts ago, he is NOT an economist and he is NOT an MMT guy. So why is he on this list? Why is he mentioned in this blog at all? Because what he’s doing is incredibly interesting (at least to me) and has the …

Who else in the MMT universe is worth paying attention to? Part 5 Read More »