
In Business Day on Friday, I profile Warren Mosler, a charismatic gearhead and hedge fund executive who is among the best-known proponents of modern monetary theory. It is an unusual understanding of how money and economies work, and one of its main ideas is that governments never need to balance their budgets, ever.
Here is a brief reading list for those interested in modern monetary theory and Mr. Mosler:
     âSeven Deadly Innocent Frauds of Economic Policy,â a book Mr. Mosler wrote.
    âSoft Currency Economics,â an essay by Mr. Mosler.
   Mr. Mosler on the long-term deficit problem, or lack thereof.
     A debate between Mr. Mosler and Robert Murphy, an Austrian economist who believes that deficits very much matter.
     A mock interview and question-and-answer explanation of how Mr. Mosler believes government finances work.
     A Time Magazine article naming Mr. Moslerâs Consulier one of the 50 worst cars of all time.
     An interview Mr. Mosler did with Car and Driver magazine.
     The Washington Post on modern monetary theory.
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