This episode is Part 2 of my chat with economist Steven Hail. Listen to Part 1 before jumping in.

If you're wondering why life today is SO expensive, this episode will explain.

Steven explains Modern Monetary Theory (MMT), a radically different approach to managing the economy.

To explain MMT, Steven takes us back 10,000 years to explore the origins of money. The truth will surprise you (hint: it's not what you learnt in high school economics).

He explains the big logical flaws in the neoclassical models of economics, which drive how governments & policymakers approach managing the economy.

These flaws impact our daily lives in a major way, driving up inflation & especially property prices.

Learn more about Modern Monetary Theory at Modern Money Lab