Lecture / Discussion | MMT: Mystery, Magic or Trend?
Panel discussion as some of Buffalo’s foremost economists define, discuss, and debate Modern Monetary Theory (MMT)
Saturday, May 11, 2019, 2 pm
Once viewed as a fringe theory, MMT is in the news. The basic idea behind it is that a government that issues its own money can never fail to meet its obligations because no matter what said obligations are – increased military spending, universal healthcare and so on – it can simply print some money to pay its bills.
One economist says that President Donald Trump has embraced it by doubling the size of the US national deficit. Some politicians include MMT when they answer the question “how will you pay for your Green New Deal?” Is it true that there are no financial limits to government spending? Can we run out of money?
Join us for a panel discussion as some of Buffalo’s foremost economists define, discuss, and debate MMT:
Fred Floss, Chair Professor of Economics and Finance, SUNY Buffalo State
Bruce Fisher, Director, Center for Economic and Policy Studies, SUNY Buffalo State
Ted Schmidt, Professor of Economics and Finance, SUNY Buffalo State
Joelle Leclaire, Associate Professor of Economics and Finance, SUNY Buffalo State [and University of Missouri at Kansas City graduate, the academic home of MMT]
Free with museum admission