The Dangers of Modern Monetary Theory Explained

Modern Monetary Theory (MMT) is the quintessential embodiment of collectivist delusion. It arrogantly assumes that wealth can be conjured from the ether by the mere printing of paper, disregarding the fundamental law of nature: that value must be created by productive effort. MMT is the attempt to sever money from its true purpose—serving as a medium of exchange for goods earned through individual labor and enterprise. In the hands of the state, MMT becomes a weapon of force, allowing bureaucrats to siphon wealth from the industrious to finance the failures of those who would live at others’ expense. It is the destruction of the mind and the reward of mediocrity—a path to the erosion of freedom and the triumph of the parasite over the producer.

The dissent grants that petitionersO situation is unfortunate that they ‘understandably attract …

The dissent grants that petitionersO situation is ‘unfortunate’ that they ‘understandably attract this CourtOs sympathy.’ Post, at 1, 39. But ‘sympathyO is not what petitioners have a right to demand. What they have a right to demand is evenhanded enforcement of the lawNof Title VIIOs prohibition against discrimination basedon race. And that is what, until todayOs decision, has been denied them. Samuel Alito
In the firefighters case decided in the U.S. Supreme Court June 29, 2009,Justice Alito addresses ‘sympathy’

Individual Rights and Today's Issue