Mises Wire
Author:
Robert P. Murphy
Online Publish Date:
Both fans and foes of the so-called Green New Deal (GND) agree that it is a wildly ambitious set of proposals, which—by design—will involve the federal government spending boatloads of money. In fact, the GND is so expensive that Rep. Ocasio-Cortez has cited the inflationary doctrine of Modern Monetary Theory (MMT) to deflect the issue; we