Problems With Modern Monetary Theory

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This work offers a comprehensive critique of Modern Monetary Theory through the lens of Stephanie Kelton's "The Deficit Myth." It delves into the principles and implications of MMT, analyzing its assertions and exploring its impact on economic policy and understanding of government deficits. The examination aims to provide a balanced perspective, highlighting both the strengths and weaknesses of Kelton's arguments while contributing to the broader discourse on economic theory and fiscal responsibility.