Modern Monetary Theory and Positive Money, Part I: Intellectual roots and focus

This is the first in a series of blogs looking at the intellectual and practical relationship between ‘Modern Monetary Theory’ and the proposals made by Positive Money. To anyone interested in macroeconomics and the role of government, the name ‘Modern Monetary Theory’ (MMT) should by now be familiar. This school of thought, which distinguishes itself … Continue reading Modern Monetary Theory and Positive Money, Part I: Intellectual roots and focus