The MMT Podcast with Patricia Pino & Christian Reilly cover image

#14 Andrés Bernal: The Green New Deal

The MMT Podcast with Patricia Pino & Christian Reilly

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Understanding Modern Monetary Theory

This chapter explores the principles and misconceptions surrounding Modern Monetary Theory (MMT), emphasizing its significance in fiscal policy and economic stability. It addresses challenges related to monetary sovereignty in various countries and critiques traditional views on government spending and taxation. The discussion highlights the necessity of reallocating resources to tackle pressing social and environmental issues, particularly amid the influence of neoliberal ideologies.

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