Episode from the podcastFull Story

What is modern monetary theory and could it fix Australia’s problems?

Released Wednesday, 18th November 2020
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Australia entered a recession in September for the first time in nearly 30 years. As countries around the world face similar economic woes, some are calling for a new way for governments to think about the economy. In this episode of Full Story, University of Newcastle professor Bill Mitchell and economics reporter Martin Farrer explain what modern monetary theory is and how it could work