AppliedMMT Podcast AppliedMMT

David Andolfatto (@dandolfa) Professor & Economics Department Chair at the University of Miami, joins Adam, Douglas, and Ryan to discuss:David's journey from construction to academia and the Federal Reserve.His focus on monetary theory and views on the essence of money.How MMT compares and contrasts with traditional economic theories.David's take on money's role in resource allocation and price setting.Historical inflation trends and major economic shifts, like the 1970s oil crises.Analys...

In this episode, Brett Scott joins Adam, Doug, and Ryan to discuss: Vertical and horizontal dimensions of money Crypto capturing attention through an asset-only view of money that people commonly holdCrypto ignoring double-entry accounting and liability side of money by treating units as assets aloneBitcoin's reliance on energy-intensive mining and whether it can truly function as a reliable inflation hedgeBitcoin promoters shifting narratives between Bitcoin being an asset, a mone...

In this episode, Brett Scott joins Adam, Doug, and Ryan to discuss: Brett's intellectual journey with MMT and how he was exposed to the ideas through different communities and eventsChallenges of separating fact from conspiracy theories Brett's perspective on tensions between using existing monetary systems and building alternative currenciesDiscussion of libertarian and anarcho-capitalist views in early crypto and the concept of "vulgar libertarianism"Evolution of understanding of ...

In this episode, Derek McDaniel (@ratedisparity) joins Adam, Derek, and Ryan to discuss: Derek's Background: Transition from academics in mathematics and computer science to exploring economics and MMT.Journey into MMT: Early exposure to Austrian economics, online debates, and realization about the national debt.Current Stance on MMT: Emphasis on separating MMT into independent propositions like endogenous money, government finance, and price anchoring.Discussion on Endogenous Money: Exp...

In this episode, Adam, Ryan, and Doug interview Maren Poitras, creator of "Finding the Money", the documentary film about MMT. They discuss:Maren's backgroundMaren's inspiration for creating the filmThe film's development processReception to early screeningsMaren's observations regarding mainstream economics vs. heterodox economicsChallenges in explaining MMT via filmFuture plans for the filmFor more information and updates on the film, visit findingmoneyfilm.com.Buy tickets to the Findi...

Adam, Doug, and Ryan wrap up 2023, discussing their learnings, surprises, and expectations for 2024:The strong GDP growth and low unemployment in 2023, noting how rate hikes seemed to stimulate the economy, contrary to popular belief.Higher government spending and lower inflation in 2023 The importance of understanding fiscal policy's impact on the macroeconomy while other factors like bank credit and money supply are secondary.The relationship between fiscal spending, bank credit, and e...