Modern Monetary Theory, as stated, 1990s-present
20th Century · stated scope
Modern Monetary Theory is a school of macroeconomic thought centered on the monetary operations of governments that issue their own fiat currency. It emerged primarily in the United States during the 1990s, associated with economists including Warren Mosler, L. Randall Wray, and Stephanie Kelton, and developed further through institutions such as the University of Missouri–Kansas City. The theory holds that currency-issuing governments are not revenue-constrained in the same manner as currency-using households or firms, and it addresses topics including federal deficits, unemployment, and the role of taxation in managing aggregate demand.
Cluster:Liberty First
Liberty is the defining elevation, with Consent & Anti-Coercion running high beside it; Authority & Hierarchy sits low. Individual freedom leads the profile rather than any collective commitment.
Full profile
All 22 dimensions in one fixed order, grouped by the contrast axis each feeds, so any two entities can be read side by side. Switch to “By axis” to group them by the axis each feeds.
Neighbors
- 1Al Jazeera, as realized, 2015-presentDistance: 12Compare
- 2Keynesianism, as stated, 20th c.-presentDistance: 13Compare
- 3Stakeholder Capitalism, as stated, 1970s-presentDistance: 13Compare
- 4MeToo Movement, as realized, 2017-presentDistance: 15Compare
- 5Georgism, as stated, 19th c.-presentDistance: 15Compare
The Three Axes (Detail)
Each bar is one pole’s pull, pointing the way it pushes the result. The dot is where the two pulls add up.