I got a chance to sit down with the inventor of Modern Monetary Theory
@wbmosler and get his take on how economic policy has changed due to the pandemic
Warren Mosler: MMT and the Policy Paradigm Shift
Featuring Ed Harrison and Warren Mosler
Published on: June 16th, 2021
Duration: 82 minutes
Real Vision managing editor Ed Harrison welcomes Warren B. Mosler, economist at Valance Co. Inc. and one of the pioneers of Modern Monetary Theory (MMT), to explore the paradigm shifts in both monetary and fiscal policy through the lens of MMT. Much of the cause driving these paradigm shifts has been attributed to MMT, and in this light, Mosler dives deep into the restraints on policy, both self-imposed and naturally occurring, to understand its implications for the economy and for financial assets.
To learn more about the MMT framework itself, watch this interview with Mosler and Harrison from 2019: https://rvtv.io/3cJEkoe.
Filmed on June 11, 2021.
1. No, Joe Biden is not ‘doing MMT’
2. There’s still confusion over what MMT is (a framework, not a set of policies)
3. Political constraints to thinking about policy through an MMT lens are underestimated
Anyone looking to understand how the changing policy landscape is reflective of MMT should watch this interview with @wbmosler
“Is Joe Biden doing #MMT?”
@edwardnh sits down with economist at Valance Co & one of the pioneers of Modern Monetary Theory, @wbmosler for a look at the profound paradigm shifts in both monetary & fiscal policy that are now underway.
(Noiz jarriko dituzte on line bideo osoa eta transkripzioa?)