#33 Sam Levey: How Uncle Sam Paid For World War II (part 2)
The MMT Podcast with Patricia Pino & Christian Reilly
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Economic Lessons from WWII: MMT Insights
This chapter analyzes government spending and economic challenges during and after World War II through the lens of Modern Monetary Theory. It discusses the impact of inflation, unemployment, and the necessity for effective policy measures, including public engagement with economic concepts like war bonds. The chapter highlights the socio-economic changes spurred by wartime production and draws parallels to current economic policies, including student debt and employment guarantees.
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