An obscure economic fad known as Modern Monetary Theory is again in the news. This is in part because its leading advocates are backing away from several of its central predictions, while ...

Bernanke and Blinder, both former U.S. Federal Reserve officials, have written complementary books on the history of central banking and macroeconomic policy in the United States. In contrast to ...

In his characteristic candidness, Charlie Munger, late vice chairman of Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK), shared his insights on economic cycles and government interventions, providing a ...

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market ...

There is a new brand of economic theory floating around, supported by left-leaning politicians and economists, and actually put into practice by the Trump administration and formerly conservative ...

New data indicate that the Federal Reserve’s preferred price index rose 5.8% from a year ago, the largest increase in nearly 40 years. But as economics commentators, business leaders, and policymakers ...

To paraphrase Voltaire, Modern Monetary Theory is neither modern, nor monetary nor a theory. It is not modern because humanity has been down this road countless times. MMT is not monetary in that it ...

About the author: Stephen Dover is chief market strategist and head of the Franklin Templeton Investment Institute. Follow his newsletter, Global Perspectives on LinkedIn. Modern monetary theory has ...