We spoke with activist, educator, macroeconomics/politics podcast host, and founder of Real Progressives, Steven Grumbine. We discuss Modern Monetary Theory in both theoretical and historical broad strokes and in more specified real world scenarios. We discuss how this macroeconomic theory is a valuable lens to view the world through but also needs to be utilized in conjunction with effective political and social movements behind it to bring it to its fullest potential. We discuss some of the common objections to MMT both from the right and the left, and several other topics that intersect with this sometimes polarizing macroeconomic theory, which is continuing to build momentum as a movement, and not merely confined as an academic exercise.
Check out Steven’s various projects below:
Further Reading, Viewing, Listening
- Extremely Basic Overview of MMT
- Basic Guide to Modern Monetary Theory
- This Year’s Underground Sensation: Modern Monetary Theory