source:
I get asked about #MMT (modern monetary theory) all the time and I recently was asked again by a patron of my show (#EconomicUpdate) on Patreon:
— Richard D. Wolff (@profwolff) December 17, 2018
"Please explain what is MMT, and more importantly, what it isn't."
Here is my short video answer: https://t.co/DT5Cv4vPeD
the concluding “but” explains that – as a reply in the YouTube comments puts it – MMT is like the law of gravity in that it doesn’t tell you how to throw a ball, it simply tells you what happens when you do