Intelligence Memos
From: Steve Ambler
To: Canadians Worried About Government Spending Sprees
Date: July 11, 2019
Re: The Myths of Modern Monetary Theory
Modern Monetary Theory (MMT), once a…
Op-Ed
Modern Monetary Theory (MMT), once a relatively obscure branch of macroeconomics, has recently gained star status. It is riding high in the popular press in the U.S. and has been endorsed by many in…
Op-Ed
Markets were not surprised by today’s Bank of Canada announcement to hike its overnight target rate by 25 basis points to 1.5 per cent. They had factored in a very high probability of an increase.…
