We've talked about the end of growth and that is damning enough for our current system, but if we come up with solutions for lack of resources, how can we afford them? Steven Hail, professor of economics at the University of Adelaide, is a proponent of Modern Monetary Theory, a system of thought about money that could turn Australian politics upside down. Settle in for a grand episode where money is demystified.
If this episode interests you, make sure to check out the conference with Stephanie Kelton in Adelaide for January next year: https://mmt-adelaide-2020.com/.
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