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Flat White

Modern Monetary Theory, same old mistakes

8 March 2019

12:05 PM

8 March 2019

12:05 PM

A radical 10-year plan which charts the course for a government takeover of the American economy has been proposed by the socialist wing of the Democratic Party in the United States. The “Green New Deal” is notionally about “combatting climate change”. It calls for 100 per cent renewable energy, replacing air travel with a national high-speed train network, and energy efficient upgrades to “all existing buildings in the United States”.

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