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.

Got a comment or question? Feel free to contact Cullen via email here or on Twitter here.
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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