About the author: Stephen Dover is chief market strategist and head of the Franklin Templeton Investment Institute. Follow his newsletter, Global Perspectives on LinkedIn. Modern monetary theory has ...

An obscure economic fad known as Modern Monetary Theory is again in the news. This is in part because its leading advocates are backing away from several of its central predictions, while ...

For “Ask an Economist” this week, I have a question from John O. about Modern Monetary Theory (MMT). I’ve purposefully avoided MMT in the past for a few reasons. First, because it appears to be ...

Modern monetary theory (MMT) is an economic theory whose key implication is that governments should fund public spending by creating as much money as they need. Conventional economics assumes that ...

People who go through near-death experiences often report that their lives “flash before their eyes” – a rapid review of their life passes before their mind’s eye. A plausible theory to explain why ...

Modern monetary theory (MMT), it seems, has given politicians license to do what they always want to do anyway – buy votes with government giveaways of one sort or another. This is not the first time ...