Modern Monetary Theory

Commentary My Dearest American Friends and Colleagues: Just in case you didn’t notice, since the 1980s, we have developed a very big problem that is growing exponentially. The U.S. national ...

Commentary Something more dramatic than the loss of 3,000 American lives happened on September 11, 2001. We seem ...

Commentary House Republicans are in another titanic battle with President Joe Biden on how to balance the budget. ...

Commentary When new British Prime Minister Liz Truss suggested lowering the United Kingdom’s highest tax rate to 40 ...

Commentary MMT Policy (Modern Monetary Theory), the grand experiment, was tried following the pandemic-driven shutdown of the economy. ...

Commentary I’m not one to subscribe to conspiracies. But it sure seems strange how we got here. A ...

Commentary Economics is about human action and choice within the context of scarcity. The problem facing economists is ...

Commentary Inflation is accelerating—every consumer in the country feels it every day. If there is any economic sense left ...

Commentary The biggest mistake that the Biden administration can make is to follow the siren calls of its ...

Commentary About 60 years ago, Sen. Everett Dirksen (R-Ill.) uttered the famous quip, “A billion here, a billion ...

Commentary It sounds great on the surface. Three beautiful and important words. Universal. Basic. Income. Taken together, they ...

Commentary “As long as the government can print money, we’ll never be broke.” That’s the idea behind modern ...

WASHINGTON—It’s unprecedented for the U.S. Senate to explicitly condemn with an official resolution a particular theory of economics, ...