Dec.04 — Governments around the world have spent unprecedented sums to combat the economic impact of coronavirus. Is rising debt cause for concern? A new crop of economists – adherents to Modern Monetary Theory – have a bold proposition: Don’t worry about it. But others are more wary. The debaters: Stephanie Kelton, Stony Brook University professor of public policy and economics, James Galbraith, University of Texas at Austin professor, Todd Buchholz, former White House director of economic policy, and Otmar Issing, Center for Financial Studies professor.
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