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https://panelpicker.sxsw.com/vote/134575
Modern Monetary Theory: A Paradigm For The 21st Century
Description:
Our current moment is defined by overlapping crises, from worsening climate change to skyrocketing inequality. Many policy makers have proposed solutions to match the scale and urgency of these issues, but consistently face the question: "how will you pay for it?" Enter Modern Monetary Theory; a movement of economists, legal scholars, historians, sociologists, anthropologists, & activists have arrived to answer this question & more, turning mainstream economics on its head. This panel will unpack and clarify the MMT framework, myths, and implications to a general & professional audience.
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Takeaways
- Despite popular discourse, federal spending does not operate at all like a household or business budget.
- We don't need to sacrifice employment in order to mitigate inflation.
- Modern Monetary Theory enables a progressive policy agenda in specific, vital, and innovative ways.
Speakers
- Stephanie Kelton, Professor of Economics and Public Policy, Stony Brook University
- Jessica Burbank, Creator, Self
- Andres Bernal, Lecturer, CUNY School of Labor and Urban Studies
Organizer
Michael Lewis, Producer, Funny Money Podcast
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