See also Books and Videos on MMT
Popular articles
- What is Modern Monetary Theory? Understanding the alternative economic theory that’s becoming more mainstream, by Melanie Lockert, at Insider Inc., Jul 22, 2022, 9:05 PM
- Modern Monetary Theory (MMT): Definition, History, and Principles, by Deborah D’Souza at Investopedia, April 12, 2022
- Time to Celebrate Modern Money Theory?, by Yeva Nersisyan and L. Randall Wray, Economics One-Pager Archive from Levy Economics Institute, 21 Feb 2022
- Does MMT add up? by Bill Mitchell at The Royal Society for Arts, Manufactures and Commerce, 27 Jan 2021
- Who’s Afraid of MMT? by James K. Galbraith, Dec 23, 2020 @ Project Syndicate
- Why Isn’t Modern Monetary Theory Common Knowledge? by Blair Fix, July 5, 2020 @ Economics from the Top Down
- MMT is a Political Problem: Part 1, by Thornton Parker, @ New Economic Perspectives, March 10, 2020 (Part 2)
- Modern Monetary Theory, explained: A very detailed walkthrough of the big new left economic idea, by Dylan Matthewsdylan@vox.com, Apr 16, 2019
- MMT: Sense Or Nonsense? by John T. Harvey, Mar 5, 2019, Forbes
Scholarly articles
- “How to pay for saving the world: Modern Monetary Theory for a degrowth transition“, by Christopher Olk et al, Ecological Economics, Volume 214, December 2023
- “Modern Monetary Theory: An Introduction and Critique“, by John F. McDonald, SSRN, 30 Jan 2023
- “Modern money theory on fiscal and monetary policies: empirics, theory, and praxis“, by Eric Tymoigne, European Journal of Economics and Economic Policies, Oct 2022.
- “Modern Monetary Theory: The Right Compass for Decision-Making“, by Dirk Ehnts, Intereconomics, Volume 57, 2022, Number 2, pp. 128–134 (PDF version)
- Jaideep J Pandit, “Modern monetary theory for the post-pandemic NHS: why budget deficits do not matter“, British Journal of Healthcare Management, Vol. 28, No. 1, Publ. 6 Jan 2022
- “Modern Money Theory: rise in the international scenario and recent debate in Brazil“, Simone Deos, Olívia Bullio Mattos, Fernanda Ultremare and Ana Rosa Ribeiro de Mendonça, Brazilian Journal of Political Economy, 2021, vol. 41, issue 2, 314-332 (online)
- Public Budgeting and Finance, Volume 40, Issue 3, Pages: 1-128, Fall 2020 (🔒)
- Introduction to Symposium: Modern Money Theory and Public Budgeting and Finance, James W. Douglas, Robert S. Kravchuk, Pages: 3-5
- Who is Afraid of the Big Bad Debt? A Modern Money Theory Perspective on Federal Deficits and Debt, James W. Douglas, Ringa Raudla, Pages: 6-25
- Sovereign Currency and Non-Sovereign Budgets: The Modern Money Theory Approach, L. Randall Wray, Pages: 26-48
- Monetary Sovereignty: Nature, Implementation, and Implications, Eric Tymoigne, Pages: 49-71
- When the Interest Rate on the National Debt Is a Policy Variable (and “Printing Money” Does Not Apply), Scott Fullwiler, Pages: 72-94
- Post-Keynesian Public Budgeting & Finance: Assessing Contributions From Modern Monetary Theory, Robert S. Kravchuk, Pages: 95-123
- “Beyond Modern Money Theory: a Post-Keynesian approach to the currency hierarchy, monetary sovereignty, and policy space“, Daniela Prates, Review of Keynesian Economics, Volume 8, Issue 4, October 2020, Pages 494–511 (online)
- “Modern Money Theory: A Critical Assessment and a Proposal for the State As Innovator of First Resort“, Giorgio Colacchio, Guglielmo Forges Davanzati, Review of Political Economy, Volume 32, 2020 Issue 1, Pages 77-98(🔒)
- “Modern Money Theory (MMT) in the Tropics: Functional Finance in Developing Countries“, Matías Vernengo & Esteban Pérez Caldentey, Challenge, Volume 63, 2020 Issue 6, Pages 332-348
- “Modern Money Theory and Distributive Justice“, Justin P. Holt, Journal of Economic Issues, Volume 51, 2017 – Issue 4, Pages 1001-1018 (online)
- “Modern Money Theory and the facts of experience“, Yeva Nersisyan, L. Randall Wray, Cambridge Journal of Economics, Volume 40, Issue 5, September 2016, Pages 1297–1316 (🔒)
- “Modern Money Theory: A Reply to Palley“, Eric Tymoigne and L. Randall Wray, Review of Political Economy, Volume 27, 2015, Issue 1, Pages 24-44 (🔒)
- “Modern Money Theory, and Interrelations Between the Treasury and Central Bank: The Case of the United States“, Eric Tymoigne, Journal of Economic Issues, Volume 48, 2014 Issue 3, Pages 641-662 (online)
- “The Fiscal Cliff Mythology and the Full Employment Alternative: An Affordable and Productive Plan“, Fadhel Kaboub, Review of Radical Political Economics, Volume 45, Issue 3, p. 305-314 , 6 June 2013 (🔒)
Levy Institute papers
All papers available online, visit the summary page, then click the “Download” link
- Seven Replies to the Critiques of Modern Money Theory, L. Randall Wray, Working Paper No. 996 | December 2021
- Has Japan Been Following Modern Money Theory Without Recognizing It?, Yeva Nersisyan, L. Randall Wray, Working Paper No. 985 | February 2021
- The Trade-off between Inflation and Unemployment in an MMT World, Emilio Carnevali, Matteo Deleidi, Working Paper No. 973 | October 2020
- The “Kansas City” Approach to Modern Money Theory, L. Randall Wray, Working Paper No. 961 | July 2020
- Rethinking China’s Local Government Debt in the Frame of Modern Money Theory, Zengping He Genliang Jia, Working Paper No. 932 | June 2019
From the State Theory of Money to Modern Money Theory, L. Randall Wray, Working Paper No. 792 | March 2014 - Modern Money Theory and Interrelations between the Treasury and the Central Bank, Éric Tymoigne, Working Paper No. 788 | March 2014
- Modern Money Theory 101: A Reply to Critics, by Éric Tymoigne and L. Randall Wray, Levy Economics Institute of Bard College, November 2013
- More papers from the Levy Economics Institute of Bard College
naked capitalism articles
- Macroeconomics, Money (MMT Style) and Post-Brexit Recovery, All in One Twitter thread, Richard Murphy, December 14, 2020
- MMT and the EU: A Case for Capturing the Prevailing Narrative, Richard Murphy, December 1, 2020
- The Use and Abuse of MMT, by Michael Hudson, with Dirk Bezemer, Steve Keen and T.Sabri Öncü, April 10, 2020
- Richard Murphy: For MMT (Long and Wonkish), June 6, 2019
- Does Japan Do MMT?, Yves Smith, June 5, 2019
- Why Martin Wolf Is Wrong on Modern Monetary Theory (MMT), Richard Murphy, May 29, 2019
- ZEN and the Art of Modern Money (MMT), J. D. Alt, May 7, 2019 (Part 2) (Part 3)
- MMT, Models, Multidisciplinarity, Pavlina R. Tcherneva, April 10, 2019
- More articles from naked capitalism
Articles at New Economic Perspectives
Other books and papers (at EconPapers)