About the author: Stephen Dover is chief market strategist and head of the Franklin Templeton Investment Institute. Follow his newsletter, Global Perspectives on LinkedIn. Modern monetary theory has ...

In the wake of the Great Financial Crisis, Modern Monetary Theory rose in prominence with the simple message that we had more fiscal capacity than mainstream economists and politicians appreciated.

An obscure economic fad known as Modern Monetary Theory is again in the news. This is in part because its leading advocates are backing away from several of its central predictions, while ...

Modern monetary theory (MMT) is an economic theory whose key implication is that governments should fund public spending by creating as much money as they need. Conventional economics assumes that ...

For “Ask an Economist” this week, I have a question from John O. about Modern Monetary Theory (MMT). I’ve purposefully avoided MMT in the past for a few reasons. First, because it appears to be ...

People who go through near-death experiences often report that their lives “flash before their eyes” – a rapid review of their life passes before their mind’s eye. A plausible theory to explain why ...