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Roundtable

Modern Monetary Theory - have the old economic mantras become obsolete?

Tuesday, 21. January 2020, 11:00 - 12:30 UHR

Chicago

English

Speaker(s): Prof. Stephanie Kelton, Prof. Dr. Tobias Straumann

Presenter: Jan Schwalbe


What are the parameters in MMT and how do they work? What is really new in MMT? Why is the present situation different in comparison to the past? Is MMT the solution of all government debt problems we have actually? Why should the old economic mantra be obsolete?

Prof. Stephanie Kelton

Prof. Stephanie Kelton

Professor of Economics and Public Policy, Stony Brook University

Stephanie Kelton is a leading authority on “Modern Monetary Theory”, a new approach to economics that is taking the world by storm. She is one of the most important economists influencing the policy debate today. Her new book, But How Will We Pay for It? Modern Monetary Theory and the Deficit Myth (spring 2020), shows how to break free of the myths and misunderstandings about money and the role of taxes, debt and deficits that have hamstrung policymakers around the world.

Stephanie Kelton is a regular contributor at Bloomberg Opinion, and she has written for the New York Times, The Los Angeles Times, U.S. News & World Reports, CNN, and others. Stephanie has worked in academia and in the politics. She served as chief economist on the U.S. Senate Budget Committee (Democratic staff) in 2015 and as a senior economic adviser to Bernie Sanders’s 2016 presidential campaign. Professor Kelton is Professor of Economics and Public Policy at Stony Brook University. She was previously Chair of the Department and Professor of Economics at the University of Missouri, Kansas City.

Prof. Dr. Tobias Straumann

Prof. Dr. Tobias Straumann

economic historian teaching at the University of Zurich and director of the MAS in Applied History

Prof. Dr. Tobias Straumann is an economic historian teaching at the University of Zurich and director of the MAS in Applied History. He also writes columns for the NZZ am Sonntag. His latest book is "1931: Debt, Crisis, and the Rise of Hitler" (Oxford University Press 2019).

Jan Schwalbe

Jan Schwalbe

Editor-In-Chief of the Swiss Business paper "Finanz und Wirtschaft"

Jan Schwalbe is the Editor-In -Chief of the Swiss Business paper "Finanz und Wirtschaft". He has covered business and the economy for more than 20 years and has conducted countless interviews with international business leaders, economists and strategists. He has been published in Businessweek, Bloomberg News, “Finanz und Wirtschaft” and The Daily Telegraph. Before taking his role as Editor-in Chief he was the Head of the Zurich Bureau of Bloomberg News and was working for CNN Money. Jan Schwalbe was on the Board of the Foreign Press Association in New York and a correspondent in New York and London for over a decade.

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