This article discusses “Modern Monetary Theory” (MMT), an economic school of thought within the Post Keynesian tradition. Most MMT theorists favor a government guaranteed job. This essay discusses the Basic Income Guarantee (BIG) as an alternative. Some MMT theorists favor the idea, but most believe BIG would create more inflationary pressure than a guaranteed job.
Rebecca Rojer, “The World According to Modern Monetary Theory.” The New Inquiry, April 11, 2014.
-The New Inquiry
