Tag archives: modern monetary theory

Crises and Modern Monetary Theory
By Robert Bernstein   |   September 15, 2026

Crises have become partisan, notably the debt and the climate crisis. The US national debt just hit $40 trillion. Does that mean we are bankrupt? No. But it means something is wrong and needs fixing. Republicans ring debt alarm bells when Democrats are in control. But now they are silent. See my 2023 article “Two […]