Maybe Modern Monetary Theory is an answer to the COVID-19 economic crisis

05.13.2020 - By Make Me Smart with Kai and Molly

Download our free app to listen on your phone

Does debt matter? For an individual, a household or even a generation, sure it does. But what about a nation? Modern Monetary Theory says no. To help us understand MMT and why it matters in this crisis is Stephanie Kelton. She’s a professor of economics and public policy at Stony Brook University, and she served as an adviser to Sen. Bernie Sanders’ presidential campaign. Her new book, “The Deficit Myth” is out June 9.
For a full list of all the stories we talked about today, check out the episode page at makemesmart.org. And if you can, consider supporting Marketplace with a donation at marketplace.org/givesmart.

More episodes from Make Me Smart with Kai and Molly