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modern monetary theory

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How governments learned to stop worrying and love debt. At least for now.

MODERN Monetary Theory sounds like a pretty boring module in a university economics course. In fact, it is becoming the leading economic theory on the left and has largely replaced Marxism for this generation of radicals. Advocates include Democrat Congresswoman Alexandria Ocasio-Cortez, the economist Stephanie Kelton and the Labour-supporting tax specialist Professor Richard Murphy. It … Continue reading

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