Anthony J. Pennings, PhD

WRITINGS ON DIGITAL ECONOMICS, ENERGY STRATEGIES, AND GLOBAL COMMUNICATIONS

US Legislative and Regulatory Restrictions on Deficit Spending and Modern Monetary Theory (MMT)

I outline some of the promise of MMT for the US while digging into several legislative and regulatory problems associated with enacting MMT policies long-term. I critique the MMT approach in the US because the movement has yet to adequately dissect what hurdles and limits keep the government from embracing MMT strategies. The major obstacles appear to be a series of legislative actions restricting deficit spending without corresponding borrowing through Treasury auctions.

The Division of Labor in Democratic Political Economies

While sharing broad common objectives for a robust political economy, the government and the private corporate sectors have differing motivations and strategies for reaching these aims. Despite the division and differing reasons, the goal is the same, a robust economy that will ensure both profits and political success.

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  • About Me

    Professor at State University of New York (SUNY) Korea since 2016. Moved to Austin, Texas in August 2012 to join the Digital Media Management program at St. Edwards University. Spent the previous decade on the faculty at New York University teaching and researching information systems, digital economics, and strategic communications.

    You can reach me at:

    apennings70@gmail.com
    anthony.pennings@sunykorea.ac.kr

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  • Disclaimer

    The opinions expressed here do not necessarily reflect the views of my employers, past or present.