Episode

A Scholarly Takedown of MMT: Emmanuel Maggiori on the Theory's Fatal Flaws

Podcast
The Human Action Podcast
Published
Jun 9, 2026
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https://mises.org/podcasts/human-action-podcast/scholarly-takedown-mmt-emmanuel-maggiori-theorys-fatal-flaws
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https://dts.podtrac.com/redirect.mp3/cdn.mises.org/2026-06/HAPod-552-20260609.mp3
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/v1/public/podcasts/the-human-action-podcast-1569402/episodes/a-scholarly-takedown-of-mmt-emmanuel-maggiori-on-the-theory-s-fatal-flaws
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Summary

Bob sits down with economist Emmanuel Maggiori to discuss his new book If You Can Just Print Money, Why Do I Pay Taxes?, a carefully researched, point-by-point critique of Modern Monetary Theory that engages MMT on its own terms, drawing on the MMTers' own textbook, papers, and responses to critics. Related: If You Can Just Print Money, Why Do I Pay Taxes?: Mises.org/HAP552a Bob's Mises Daily Article, "The Upside-Down World of MMT": Mises.org/HAP552b Jonathan Newman and Bob's MisesU Lecture on MMT: Mises.org/HAP552c