The economic theory making waves this year is Modern Monetary Theory - arguing that countries that issue their own currencies can never “run out of money” the way people or businesses can. The first academic textbook based on the theory was published barely a year ago by Newcastle, NSW economist William Mitchell, and among its proponents are former economic adviser to Democrats on the Senate Budget Committee and the Bernie Sanders 2016 presidential campaign Stephanie Kelton.
Join us for a discussion about economics for sustainable prosperity, specifically addressing the question of “how we pay for” progressive policies like the Green New Deal.
Our host is Dr Steven Hail, lecturer in economics in the School of Economics at the University of Adelaide and a research scholar at the Global Institute for Sustainable Prosperity.
Zoom meeting details:
Time: May 5, 2020 07:00 PM Canberra, Melbourne, Sydney
Meeting ID: 961 115 061
Please be aware of Zoom's new security features; when you join you will be added to an approval queue. Meeting hosts will approve you as quickly as possible (max 100 guests). The meeting will be recorded for those who cannot attend.
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