Gerald Epstein, “What's Wrong with Modern Money Theory? A Policy Critique” (Palgrave Macmillan, 2019)

Gerald Epstein, “What's Wrong with Modern Money Theory? A Policy Critique” (Palgrave Macmillan, 2019)

Since the last-but-one financial crisis abated and governments responded to better times by clawing back their stimulus packages, a once-obscure economic philosophy has been gaining a growing following on the left. But, following the extraordinary policy response to the COVID-19 pandemic, even some conservative commentators and policy makers are showing an interest in Modern Monetary Theory or MMT.

Not so fast, warns Gerald Epstein in his What's Wrong with Modern Money Theory? A Policy Critique (Palgrave Macmillan, 2019). While this progressive economist welcomes any resistance to austerian economics and the policy rethink that the new theory is triggering, he warns against MMT's seductive appeal and its significant practical shortcomings.

Gerald Epstein co-directs the Political Economy Research Institute (PERI) at the University of Massachusetts, Amherst.

Tim Jones is an economic and political-risk analyst at Medley Global Advisors (FT Group) in London.

Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/public-policy


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(600)

Skipping School: A History of American Homeschooling and How It Went Mainstream with Dixie Dillon Lane (Eerdmans, 2026)

Skipping School: A History of American Homeschooling and How It Went Mainstream with Dixie Dillon Lane (Eerdmans, 2026)

Discover the untold story of why homeschooling moved from the margins to the mainstream of American education. In this groundbreaking study Skipping School: A History of American Homeschooling and How...

15 Loka 51min

Hit Doctors: Care, Harm, and the Art of Survival with Sarah Brothers (U California Press, 2026)

Hit Doctors: Care, Harm, and the Art of Survival with Sarah Brothers (U California Press, 2026)

As overdose deaths continue to mount and debates rage over harm reduction, drug policy, and homelessness, Hit Doctors: Care, Harm, and the Art of Survival (U California Press, 2026) offers a crucial o...

14 Loka 1h

Governance by Emulation: The Oversight Board, the Digital Services Act, and the Struggle for Platform Accountability with Moritz A. Schramm (Cambridge UP, 2026)

Governance by Emulation: The Oversight Board, the Digital Services Act, and the Struggle for Platform Accountability with Moritz A. Schramm (Cambridge UP, 2026)

Social media giants like Meta and transnational regulators such as the European Union are transforming private governance by creatively emulating public law frameworks. Drawing on exclusive interview...

14 Loka 43min

Fictions of Freedom: Migration, Modern Slavery and Bureaucracy in India with Pankhuri Agarwal (Cambridge UP, 2026)

Fictions of Freedom: Migration, Modern Slavery and Bureaucracy in India with Pankhuri Agarwal (Cambridge UP, 2026)

Fictions of Freedom: Migration, Modern Slavery and Bureaucracy in India (Cambridge UP, 2026) emerges from the fact of anti-trafficking interventions having led to newer forms of oppressions and entan...

14 Loka 47min

Civil Societies, Uncivil States: Government Repression of NGOs with Suparna Chaudhry (Cornell UP, 2026)

Civil Societies, Uncivil States: Government Repression of NGOs with Suparna Chaudhry (Cornell UP, 2026)

Why would a government bother to go after groups that carry no weapons and hold no power? Suparna Chaudhry argues that the answer says a lot about where politics is heading. In Civil Societies and Civ...

12 Loka 36min

The Technocratic International: Experts and the Making of a World from Nowhere with Jan Eijking (Oxford UP, 2026)

The Technocratic International: Experts and the Making of a World from Nowhere with Jan Eijking (Oxford UP, 2026)

Most international organisations today-from the Intergovernmental Panel on Climate Change to the World Health Organisation-present themselves as technical institutions separate from political concerns...

9 Loka 39min

Immoral Traffic An Ethnography of Law, NGOs, and the Governance of Prostitution in India with Vibhuti Ramachandran (Cambridge UP, 2025)

Immoral Traffic An Ethnography of Law, NGOs, and the Governance of Prostitution in India with Vibhuti Ramachandran (Cambridge UP, 2025)

Immoral Traffic: An Ethnography of Law, NGOs, and the Governance of Prostitution in India (Cambridge UP, 2025) delves into the complex intersection of India's anti-prostitution law and global anti-tra...

8 Loka 1h 50min

A Healthy Union: How States Can Lead on Environmental Health with Susan Kaplan (Island Press, 2025)

A Healthy Union: How States Can Lead on Environmental Health with Susan Kaplan (Island Press, 2025)

In the absence of adequate federal safeguards against pollution and toxic chemicals, state policies are the strongest tools available to create safe, sustainable environments. The good news is, around...

7 Loka 30min

Suosittua kategoriassa Tiede

utelias-mieli
tiedekulma-podcast
rss-mita-tulisi-tietaa
rss-hereilla
rss-duodecim-lehti
docemilia
rss-poliisin-mieli
rss-kasvatuspsykologiaa-kaikille
rss-totuuden-liepeilla
koodikahvit
rss-ja-ihminen-loi-alyn-aalto-yliopiston-tekoalypodcast