Paying for It
JOHN ALTModern Money Theory shows us we can pay ourselves to undertake anything we have the real resources to accomplish. My goal here is to explore what this astonishing insight means for the practical accomplishment of our collective well-being.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 41 | Subscribers | Read | johnalt.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Can MMT Save AI from Catastrophe?
A chief criticism of Modern Monetary Theory (MMT) is that it is inherently inflationary. The simple logic goes like this: Issuing new fiat currency ex nihilo adds money to the market without necessarily adding new products and services for ...
MMT & the New Market Society
Every time I re-read Karl Polanyi’s The Great Transformation I’m reminded that, for the time being, we live in a market society with little chance we shall ever soon live in anything else—and, as such, whatever we need to accomplish here an...
DOUBLE-ENTRY
In her book Double-Entry, Jane Gleeson-White casts a revealing light on the fundamental dilemma of Modern Money Theory. Interestingly, reading between the lines, her narrative also suggests a specific strategy for overcoming that very dilem...
How To Talk About It
Zohran Mamdani will soon be asked the question: How are you going to PAY for it? And he will be forced by the conventional logic of “finite money” to give the only answer that logic allows:
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Authors
The writers behind this newsletter.
I am an architect-writer devising ways of explaining and visualizing Modern Money Theory for laypersons, hoping to shift the political-economic dialog about what we can afford to undertake and accomplish for our collective well-being.
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