In a February blog, I mentioned an economic idea beloved by the far left called Modern Monetary Theory. (MMT)  It posits that  a  country with its own currency needn’t worry about accumulating debt because it can print money to pay off its interest.  Sounding too good to be true

The man I succeeded in public office liked to say, “Figures lie and liars figure.”  I won’t speak about liars but figures can be slippery. After 8 years of grappling with a county budget, I gained a healthy understanding that numbers have a plasticity.  Many assumptions are bu

If  voters are to understand the Democratic debates in the next election, they will need to understand a “new economics” that is beloved by the political left: Modern Monetary Theory, affectionately known as MMT.  I think of it as Money Magic Trick. And it isn’t new.  The the