The Modern Monetary Theory (MMT) crowd prides itself on fidelity to actual history. But Murphy shows how leading MMT guru Randall Wray completely distorts his discussion of two historical episodes in his college lecture.

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The Modern Monetary Theory (MMT) crowd prides itself on fidelity to actual history. But Murphy shows how leading MMT guru Randall Wray completely distorts his discussion of two historical episodes in his college lecture.
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This panel exposes flawed assumptions of Modern Monetary Theory (MMT), including the origins of money, government spending, job guarantees, entrepreneurship, and economic growth.
It’s been 25 years since the first Final Cut Pro was announced. More than a decade after the launch of Final Cut Pro X,...