Who’s Afraid of MMT? by James K. Galbraith - Project Syndicate

Who’s Afraid of MMT? by James K. Galbraith - Project Syndicate: It is not surprising that current and retired central bankers feel threatened by Modern Monetary Theory. With deep roots in the Keynesian tradition and a consistent commitment to achieving full employment, MMT shows that good economics and sound policy doesn't have to be shrouded in obscurantist cant.