Modern Monetary Theory: Let’s look at it from India’s perspective4 min read 09 Feb 2021, 09:36 PM IST
Its advocacy has been growing louder but whether it’s viable in a country like ours is far from clear
Stephanie Kelton is one of the most influential advocates of Modern Monetary Theory, or MMT. The MMT challenge to mainstream thinking on how to manage an economy has grown in popularity in recent years. It especially challenges the view that government spending to support an economy is constrained by tax collections.
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