Elon Musk, the head of the Department of Government Efficiency, says his team found "magic money computers" that create money ...

Elon Musk told Sen. Ted Cruz (R-TX) on Monday that “magic money computers” within the U.S. government are generating payments ...

But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers during the Biden-Harris administration ...

It’s labeled modern monetary theory or MMT. I have read a few efforts to explain this concept and frankly, I would use the late President Bush’s term to best describe it: voodoo economics.

This one seems to have misplaced the compass and embraced, several decades ago, the MMT (in Spanish, TMM, Modern Monetary Theory). The main idea of its creators is that monetary issuance is not ...

Appearing on Sen. Ted Cruz’s “Verdict” podcast, he spoke of discovering computers in several departments, including the State Department and Treasury Department, that he alleged “just make money out ...

Increased Social Security for the elderly! BUT WAIT! THERE’S MORE! At no additional cost, you get Modern Monetary Theory.” MMT, which supposedly banishes nitpicking worries about how to pay ...

Dmitry Pozhidaev reviews Capitalism in the Twenty-first Century Through the Prism of Value, by Guglielmo Carchedi and Michael Roberts, which aims to explain 21st-century capitalism through Karl Marx’s ...

He says he gets four reactions when he tells people about how the government spends: Wray is one of the architects of Modern Monetary Theory, or MMT. In essence, it is a description of how our ...

Jeff Benjamin speaks to David Kelly, chief global strategist at J.P. Morgan Asset Management, about Modern Monetary Theory and why we shouldn't be panicked about current inflation. Jeff Benjamin ...

Usually the reason given for austerity, or lack of government spending on services and infrastructure is that there simply ...