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The magic money tree
Should governments spend more money?
Should governments spend more money? 'Modern monetary theory' or MMT is gaining traction, particularly in the US. It says governments should worry less about balancing the books. Its detractors call it the 'magic money tree'. Manuela Saragosa speaks to hedge fund founder Warren Mosler - the man who first proposed MMT - and economist Frances Coppola about the criticisms facing the theory.
Producer: Laurence Knight
(Photo: a magic money tree, Credit: Getty Images)
Last on
Thu 16 May 2019
12:32GMT
主播大秀 World Service News Internet
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- Thu 16 May 2019 07:32GMT主播大秀 World Service
- Thu 16 May 2019 12:32GMT主播大秀 World Service News Internet
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