EPISODE · Apr 5, 2021 · 21 MIN
S3 E7: Modern Monetary Theory with Farah Omran and Mark Zelmer
from The CDHI Podcast · host C.D. Howe Institute
Times of crisis open the door to new economic theories. As governments inflate debt to address them, talk about Modern Monetary Theory has grown into a chorus in some circles – particularly as the Americans discuss the “Green New Deal.” But as report authors Farah Omran and Mark Zelmer tell host Michael Hainsworth, Modern Monetary Theory has a serious flaw: relying on politicians to do the right thing.
What this episode covers
Times of crisis open the door to new economic theories. As governments inflate debt to address them, talk about Modern Monetary Theory has grown into a chorus in some circles – particularly as the Americans discuss the “Green New Deal.” But as report authors Farah Omran and Mark Zelmer tell host Michael Hainsworth, Modern Monetary Theory has a serious flaw: relying on politicians to do the right thing.
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S3 E7: Modern Monetary Theory with Farah Omran and Mark Zelmer
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