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Modern monetary theory or modern money theory (MMT) is a heterodox [1] macroeconomic theory that describes currency as a public monopoly and unemployment as evidence that a currency monopolist is overly restricting the supply of the financial assets needed to pay taxes and satisfy savings desires. [2]

Jun 30, 2024 · Modern monetary theory (MMT) is a heterodox macroeconomic supposition that asserts that monetarily sovereign countries—such as the U.S., U.K., Japan, and Canada, which spend, tax, and...

Jan 8, 2021 · But there's an "unorthodox" macroeconomic theory that has gained popularity called Modern Monetary Theory, also known as MMT, that challenges the traditional way we think about how the economy...

Mar 19, 2020 · Modern monetary theory is a heterodox economic theory which states governments should not worry about government borrowing but be willing to aim for full employment. Full employment should be achieved through expansionary fiscal policy and financed by creating money.

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MMT Observing Schedule: February 2025 – July 2025 The observing schedule for February 2025 – July 2025 can be found here. Public Science Center is now OPEN!