Did the MMT Camp Correctly Predict the Post-Covid Economy?

Tags: Monetary Theory, Other Schools of Thought, The Fed, Inflation, Money and Banks

04/26/2024 Robert P. Murphy Jonathan Newman

Recently on Twitter, as a reaction to an FT post worrying about the growing debts of various governments, fans of MMT were posting screenshots from a May 2020 FT debate involving Stephanie Kelton. The implication was that Kelton had correctly predicted that government debt would be benign. Bob and guest Jonathan Newman dissent.

Stephanie Kelton and Edward Chancellor’s Debate on Government Debt: Mises.org/HAP445a
Martin Wolf’s Article on Government Debt: Mises.org/HAP445b
Bob’s Debate with Warren Mosler on MMT: Mises.org/HAP445c
Bob and Jonathan’s Episode on Price Inflation: Mises.org/HAP445d
Bob’s Article on the Economic Outlook for the US: Mises.org/HAP445e

Human Action Podcast listeners can get a free copy of Dr. Ron Paul’s Gold, Peace, and Prosperity: Mises.org/HAPodFree

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