The Lens

The Lens

Share this post

The Lens
The Lens
The MMT Eras Tour (Part 1)

The MMT Eras Tour (Part 1)

Three decades of getting the big stuff right. A showcase.

Stephanie Kelton's avatar
Stephanie Kelton
Jan 29, 2024
∙ Paid
74

Share this post

The Lens
The Lens
The MMT Eras Tour (Part 1)
7
7
Share

It’s hard for me to wrap my head around it, but MMT is 28 years old today. The collection of ideas at the core of this macroeconomic framework wouldn’t come to be known as “MMT” until much later, but the impetus for what has become the most robust challenge to orthodox economics in my lifetime can be traced to this comment from Warren Mosler, which appeared on the Post Keynesian Thought (PKT) list-serve on January 29, 1996.

Warren’s post sparked engagement within a subgroup of academic circles and ultimately persuaded many of us to adopt what is commonly referred to as the MMT Lens. So here’s to 28 years of getting the big stuff right!

Keep reading with a 7-day free trial

Subscribe to The Lens to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Stephanie Kelton
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share