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The change macroeconomics needs

Puja Mehra talks with macroeconomist and NIPFP Director Dr. Rathin Roy about the changes required in the macroeconomic framework and in Modern Monetary Theory

In this podcast episode, Puja Mehra talks with macroeconomist and NIPFP Director Dr. Rathin Roy about the changes required in the macroeconomic framework and in Modern Monetary Theory (MMT), the believers in which advocate that currency-issuing countries can simply print money for spending by their respective fiscal authorities.
This is a continuation the conversation released last week in which Dr. Rathin Roy shed light on how macroeconomics has changed over the last 100 years and how monetary policy authorities around the world are looking to fiscal spending authorities for managing the macroeconomy.