C.d. Howe Institute

S3 E7: Modern Monetary Theory with Farah Omran and Mark Zelmer

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Sinopsis

Times of crisis open the door to new economic theories. As governments inflate debt to address them, talk about Modern Monetary Theory has grown into a chorus in some circles – particularly as the Americans discuss the “Green New Deal.” But as report authors Farah Omran and Mark Zelmer tell host Michael Hainsworth, Modern Monetary Theory has a serious flaw: relying on politicians to do the right thing.