Season 1 · Episode 173
Making an MMT Green New Deal Global
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
October 27, 201933m 8s
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
One of the constraints of MMT is that to create more government money you need to have a sovereign currency. That rules out countries in the Eurozone and developing nations heavily reliant on the US dollar. Yet the idea of a Green New Deal is to resolve the issue of climate change using MMT. How can you pursue a global issue with a protocol that only applies in certain parts of the world? And how do you apply it without going down the dangerous road of world government? Questions Phil Dobbie puts to Prof Steve Keen in this week’s Debunking Economics podcast.
Hosted on Acast. See acast.com/privacy for more information.