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The Latest Breaking News from MMT

This program gives Black single moms $1,000 a month for a year. The results are undeniable

The Magnolia Mother’s Trust is the first to target low-income families led by Black mothers in Jackson, Mississippi

The Guardian - US

On Zack Polanski’s Magic Money Tree, economic gravity simply doesn’t exist

The Green Party leader thinks Modern Monetary Theory is a cure for Britain’s woes — others see it as snake oil at best, writes Jonathan Prynn

Evening Standard

What is modern monetary theory? An economist explains how it could help Canada

Few words spark more anxiety in public debate than “national debt” and “government deficit.” National debt is the total amount of money the government owes, accumulated over years of running deficits. Government deficit is when the government spends more money than it collects in taxes and other revenues.

The Conversation

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Canada’s federal election must grapple with the limits of neoliberal economics

With a federal election on the horizon, economic policy is once again taking centre stage. Yet missing from the national debate is a serious reckoning with the failures of neoliberalism and the urgent need for alternatives.

The Conversation

Macron revives plans to build memorial for victims of terrorism

France’s plans to build a national memorial for victims of terrorism – originally shelved due to budget cuts – are back on track, President Emmanuel Macron has promised. The project’s proposed location on a World War II memorial site, however, remains a point of contention.

Radio France Internationale

Japan is facing a fiscal dilemma

Japanese Prime Minister Fumio Kishida recently unveiled an ambitious plan to double the country's defence budget to ¥43 trillion, roughly 2% of Japan's GDP, over the next five years. Notably, the country's massive rearmament programme, its biggest since the end of World War II, has not triggered a political or…

Bangkok Post

MFS Multimarket IT's Ex-Dividend Date Is Monday, Here's What You Need To Know

Monday marks the last chance for investors to receive the next dividend payout from MFS Multimarket IT (NYSE:MMT).

Benzinga

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The power and poison of modern monetary theory

When Democratic Senator Joe Manchin announced that he would not support the Build Back Better Act -- effectively dooming US President Joe Biden's signature legislative initiative -- he cited America's "staggering debt".

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