‘Modern Monetary Theory’ Is a Joke That’s Not Funny
A pedestrian passes graffiti painted on a wall depicting Greece as a “clown” and a euro sign giving him a “black eye” in Athens, Greece (Photographer: Angelos Tzortzinis/Bloomberg)

‘Modern Monetary Theory’ Is a Joke That’s Not Funny

(Bloomberg Opinion) -- If you follow the debates over U.S. economic policy, you had probably heard of modern monetary theory well before freshman Democratic Representative Alexandria Ocasio-Cortez ...
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