Just Print More Money: How Central Banks Can Make or Break Economies
The newest thing in economics is Modern Monetary Theory (MMT) which offers a realistic prospect of printing money to solve our problems. If we could print money to bail out banks, why not just print money to build roads, hospitals and train tracks? Orthodox economists say it won’t work, but remember it was orthodox economics that got us into such a huge mess in the first place. So is it time for a bit of new thinking? MMT is now the policy of the American Left and its main proponent, Stephanie Kelton, Bernie Sanders’ economic guru is here to tease it out for us. A Brave New World or a False Dawn, join our brilliant panel to find out.