The Odd Lots Variety Show
Odd Lots
Rethinking Economic Policies: MMT and the Green New Deal
This chapter explores the potential of a Green New Deal within a progressive administration, drawing insights from Keynesian economics and Modern Monetary Theory (MMT). It discusses the challenges of managing economic transformation while reallocating resources and addresses how government deficits could enhance savings, challenging traditional economic views. Additionally, it reflects on historical contexts and practical political dynamics affecting fiscal policy effectiveness in stabilizing the economy.
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