The Prescriptive Modern Monetary Theory Lens
Update: 2025-01-27
Description
We discuss the Modern Monetary Theory lens with leading MMT economist Eric Tymoigne.
You often hear the phrase "you can't do MMT". Eric explains that almost all governments already do MMT! However, not enough governments do MMT policies.
Is it time for MMT to concentrate more on the prescriptive side? Do we have to show how the lens can help us create a fairer and more just society?
Some of the background to this is covered here (free access)
https://www.elgaronline.com/view/journals/ejeep/20/1/article-p11.xml
We dig deep to find out what those 'modern' MMT policies are.
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