What is Modern Monetary Theory?

Supplement to the study "When Finance Meets Big Data: FinTech and the scramble for Africa"

31.03.2023
Young men by the road with scooters from Liberian money, Young men by the road with scooters from Liberian money - 20 do
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Modern Monetary Theory (MMT), sometimes also called “functional finance” or “chartalism”, is a newer formulation of older Keynesian monetary theory and credit theories of money. While its basic views are shared by many progressive economists, there is some debate on some aspects of it and under which conditions these apply.

Read full publication at Rosa Luxemburg Foundation[1]

Links:

  1. https://www.rosalux.de/en/news/id/50212/who-needs-modern-monetary-theory

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