Few words spark more anxiety in public debate than "national debt" and "government deficit." National debt is the total amount of money the government owes, accumulated over years of running deficits.

Why is Modern Monetary Theory back in the spotlight? The leader of the Green Party, Zack Polanski – whose more assertive, charismatic and left-populist tenure has seen the party dramatically surge in ...

In an economic climate of persistently low real long-term interest rates and rising public demand for social and environmental programs, Modern Monetary Theory has been gaining momentum on the left.

Modern Monetary Theory (MMT) has gained mainstream popularity in recent years with Senator Bernie Sanders of Vermont and Representative Alexandria Ocasio-Cortez of New York sharing their support of ...

Modern Monetary Theory (MMT) can be misleading by presenting technically true statements that are economically flawed.