Wednesday, July 17, 2019

This Economic Theory Could Be Used To Pay For The Green New Deal

https://ift.tt/2NYn0SaRep. Alexandria Ocasio-Cortez speaks about the Green New Deal in Washington, D.C., on May 13. She has shined a spotlight on a once-obscure brand of economics known as "Modern Monetary Theory."

Liberal Democrats have embraced an obscure brand of economics — "Modern Monetary Theory" — to make the case for deficit-financed government programs like the Green New Deal for clean energy and jobs.

(Image credit: Cliff Owen/AP)



from News : NPR https://ift.tt/30ET9j5

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