The rapid rise in federal debt caused by the need to support an economy devastated by COVID-19 has renewed interest in a school of economic thought called Modern Monetary Theory (MMT).
Site Search
Publication
June 18, 2020
On June 9, the United States quietly reached an inauspicious milestone: our nation’s total federal debt surpassed $26 trillion for the first time.
Publication
June 17, 2020
On the latest Facing the Future, I was joined by Concord Coalition Executive Director Bob Bixby, Policy Director
Publication
June 11, 2020
On June 4, roughly 25 young professionals gathered together (remotely), stared at computer screens and watched an animated video over Zoom.
Publication
June 11, 2020
The economic devastation imposed by the coronavirus has been swift, steep, and wholly unlike any prior recession.
Publication
June 11, 2020
The economic devastation imposed by the coronavirus has been swift, steep, and wholly unlike any prior recession.
Publication
June 11, 2020
It seemed to go without saying, but on Monday June 8th, the Business Cycle Dating Committee of the National Bureau of Economic Research (NBER) made it official: The U.S. economy entered a recession in February 2020.
Publication
June 10, 2020
On the latest Facing the Future, I was joined by Concord Coalition Executive Director Bob Bixby, Dr.
Publication
June 4, 2020
The Congressional Budget Office recently revised its forecast of key economic variables that drive the agency’s projections of federal spending and revenues. As the U.S.