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Pragmatic Capitalism

Practical Views on Money & Finance

A Critique of MMT, Modern Monetary Theory

The following is a critique of Modern Monetary Theory from the view of Monetary Realism.  

Modern Monetary Theory: A Critique from the Monetary Realism Perspective

You can download this paper in its entirety here.

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Cullen Roche

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC. Orcam is a financial services firm offering asset management, private advisory, institutional consulting and educational services. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and Understanding the Modern Monetary System.

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