apropos the textbook see the Bloomberg article with nice quote from John Watkins. And what a glorious picture!
If book sales are any guide, then Modern Monetary Theory is gaining traction.
The unorthodox doctrine, which says governments have spare capacity to borrow and spend, has won attention on Wall Street and enemies (as well as a few friends) in Washington. Now, it’s trying to break into academia. And it’s off to a good start.