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MMT Is Wrong about the History of the Origins of Money

Summary by Mises Institute
Not only are Modern Monetary Theory (MMT) cultists dishonest about the role of money, they also are dishonest about money‘s history. By taking issue with Carl Menger‘s historical version, they expose their own ignorance of how money came about.

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MMT Is Wrong about the History of the Origins of Money

Not only are Modern Monetary Theory (MMT) cultists dishonest about the role of money, they also are dishonest about money‘s history. By taking issue with Carl Menger‘s historical version, they expose their own ignorance of how money came about.

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Bias Distribution

  • 100% of the sources lean Right
100% Right
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Mises Institute broke the news in on Wednesday, May 7, 2025.
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