As President Donald Trump flirts with breaching Republican orthodoxy by letting tax cuts expire for some higher earners, he’s found support from the lead economic adviser to Sen. Bernie Sanders’ 2016 ...
The two most recent recessions—the one that accompanied the global financial crisis of 2007-2008 and the Covid recession of 2020—could not have been handled more differently, and therein lie some ...
Add Yahoo as a preferred source to see more of our stories on Google. The national debt has reached a staggering $35 trillion, yet some economists argue it's not a problem. Stephanie Kelton, author of ...
In the wake of the Great Financial Crisis, Modern Monetary Theory rose in prominence with the simple message that we had more fiscal capacity than mainstream economists and politicians appreciated.
Ms. Kelton created a stir. “To say that Stephanie was a rock start at the conference was an understatement,” Mr. St. Clair said. “She's got the conversation started within the adviser community.” ...
The pandemic has offered economist Stephanie Kelton a chance to help turn Modern Monetary Theory into practice. What if the federal deficit didn’t actually matter? Modern Monetary Theory explained ...
People find solace in different places. My go-tos usually involve silly comedies, time with the kids, an idiosyncratic palette of music or dense political/economic theory. This weekend involved ...
“For every complex problem,” wrote H.L. Mencken, “there is an answer that is clear, simple, and wrong.” The issues of “health care, infrastructure, education,” and “climate change” could all be solved ...