Charleston: “Is Deficit Spending the New Normal?” with Thomas Hogan

27 Lockwood Drive,Charleston SC 29401

10 March, 2021

Description

Please join AIER's Bastiat Society program in Charleston for an in-person event with Thomas Hogan. Please join AIER's Bastiat Society program in Charleston for an in-person event with Thomas Hogan. Is deficit spending the new normal? Modern Monetary Theory (MMT) claims that governments can print money without negative side effects such as high inflation. But are such promises realistic? AIER’s Senior Research Fellow Thomas Hogan will discuss the basics of MMT, how it differs from standard economic theory, and the problems it poses for the US economy. This event is free and open to the public. Eventbrite registration required. _______________________ More about the speaker: Thomas L. Hogan, Ph.D., is a senior research fellow at AIER. He was formerly the chief economist for the U.S. Senate Committee on Banking, Housing and Urban Affairs. His primary research interests include banking regulation and monetary policy.