<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

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”.

Already a subscriber? Log in

Get 10 issues
for $10

Subscribe to The Spectator Australia today for the next 10 magazine issues, plus full online access, for just $10.

  • Delivery of the weekly magazine
  • Unlimited access to spectator.com.au and app
  • Spectator podcasts and newsletters
  • Full access to spectator.co.uk
Or

Unlock this article

REGISTER


Comments

Don't miss out

Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.

Already a subscriber? Log in

Close