First International Conference of Modern Monetary Theory

Conferences & Symposia

Denison Associate Professor of Economics Fadhel Kaboub is profoundly interested in the economics of poverty. As such, he is the president of the Binzagr Institute for Sustainable Prosperity, which co-sponsored the first international conference of Modern Monetary Theory (MMT) from Sept. 21 through 24, 2017 at the University of Missouri – Kansas City.

The theme of the conference, “Economics for a New Progressive Era” highlighted the important contribution of the MMT approach to public policy.

MMT describes how a financially sovereign government can afford to buy anything available for sale in its own currency. MMT provides the answer to the classic “how do we pay for it?” question that we often face when we try to address any of the major public policy issues such as unemployment, poverty, climate change, public health, education, and infrastructure.

“We are very proud to be a co-sponsor of this historic event,” said Kaboub. “Our research team put together several panels on economic development, environmental sustainability, full employment policies, teaching pedagogy, and MMT in the humanities.”

Keynote speakers, included Keynes’s biographer, Lord Robert Skildesky, and James K. Galbraith, who heads up the Inequality Project at the LBJ School at the University of Texas in Austin, and a rare appearance by MMT founder and its intellectual leader, Warren Mosler.

Participants also heard Bernie Sanders’ former chief economic adviser, Stephanie Kelton of Stony Brook University and New Economic Perspectives, billyblog’s Bill Mitchell of the Centre for Full Employment and Equity (Australia), and Randy Wray and Jan Kregel from The Levy Economics Institute.

The event welcomed scholars from a range of disciplines (economics, law, history, philosophy, sociology, political science, literature, and so on) but also activists, students, practitioners from the financial industry, lawmakers, journalists, and friends from the local community. The three-day program was filled with a diverse array of panels, covering everything from the Job Guarantee to the rise of cryptocurrencies and beyond.

To read more: Binzagr Institute Sponsors the First International Conference of Modern Monetary Theory

Posted Date 
Tuesday, September 26, 2017

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