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Modern monetary theory or modern money theory (MMT) is a heterodox [1] macroeconomic theory that describes currency as a public monopoly and unemployment as evidence that a currency monopolist is overly restricting the supply of the financial assets needed to pay taxes and satisfy savings desires. [2]
The word theory in "the theory of evolution" does not imply scientific doubt regarding its validity; the concepts of theory and hypothesis have specific meanings in a scientific context. While theory in colloquial usage may denote a hunch or conjecture, a scientific theory is a set of principles that explains an observable phenomenon in natural ...
Stephanie A Kelton (née Bell; born October 10, 1969) is an American heterodox economist and academic, and a leading proponent of modern monetary theory. [1] She served as an advisor to Bernie Sanders's 2016 presidential campaign and worked for the Senate Budget Committee under his chairmanship.
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The article explicitly applied the phrase "conspiracy theory" to the lab leak idea; The New York Times did the same, noting that the lab leak had been "dismissed by scientists."
Former President Donald Trump repeated a series of false claims, many of which have long been debunked, about immigration and other subjects in his speech at a Sunday evening rally at Madison ...
Phrenology – a theory of highly localised brain function popular in 19th century medicine. Homeopathy – a theory according to which a disease can be cured by infinitesimal doses of the substance that caused it; Eclectic medicine – transformed into alternative medicine, and is no longer considered a scientific theory
In Kessler’s case, he wrote that the lab theory was “suddenly credible” as if it had sprung from the head of Zeus rather than having been supported for years by scientists, many of whom had ...