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https://www.bobmurphyshow.com/wp-content/uploads/2019/02/Mosler.jpg ()Bob brings on MMT superstar Warren Mosler to explain–not to debate!–his understanding of Modern Monetary Theory. After summarizing Mosler’s interesting background, the two discuss the assumptions behind MMT and its implications for economic policy. Mentioned in the Episode and Other Links of Interest: Warren Mosler’s http://moslereconomics.com/ (website). Warren’s definitive book, http://moslereconomics-kg5winhhtut.stackpathdns.com/wp-content/powerpoints/7DIF.pdf (The Seven Deadly Innocent Frauds of Economic Policy). Warren’s http://moslereconomics.com/proposals/ (policy proposals), in light of MMT. Other MMT proponents: Bill http://bilbo.economicoutlook.net/blog/ (Mitchell), Stephanie https://www.youtube.com/watch?v=5baKgv7Zl5g (Kelton), Randall http://www.levyinstitute.org/scholars/l-randall-wray (Wray) Murphy and Mosler https://youtu.be/cUTLCDBONok (debate Austrian vs. MMT). Bob’s https://mises.org/library/upside-down-world-mmt (critique of the MMT proposition) that government deficits equal private “net saving.” The https://en.wikipedia.org/wiki/Mosler_MT900 (Mosler MT900) (sports car). The https://www.qe4ferry.com/ (QE IV Ferry) (designed by Mosler). The sound engineer for this episode was Chris Williams. Learn more about his work at http://www.ChrisWilliamsAudio.com (ChrisWilliamsAudio.com).