But there's an "unorthodox" macroeconomic theory that has gained popularity called Modern Monetary Theory, also known as MMT, that challenges the traditional way we think about how the economy works: ...

Frank Ackerman, research fellow at Tufts' Global Development and Environment Institute and senior economist at the Stockholm Environment Institute, at a talk yesterday in the Tisch Library Hirsch ...

Ironically, an acatallactic pseudo-theory of money that emerged from a school of thought that rejected theory in favor of an ...

The worldwide financial crisis in 2008, which led to what many in the United States now call the "Great Recession," has caused researchers to rethink traditional economic theories of financial markets ...

Nelson and Winter realize that all models, including traditional ones, are abstractions, but... These abstractions give rise to predictions of behavior that do not arise, Traditional theory does not ...

Nelson and Winter realize that all models, including traditional ones, are abstractions, but... These abstractions give rise to predictions of behavior that do not arise, Traditional theory does not ...