Source: The Hill
by Phillip Magness & Alexander William Salter
“Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers during the Biden-Harris administration, may have returned Donald Trump to the White House.” (11/19/24)
https://thehill.com/opinion/finance/4996296-modern-monetary-theory-inflation/