Evaluate the arguments of the protagonist.

please review the two cases both for and against Modern Monetary Theory

For the 'pro' case, the Congressional testimony of L. Randall Wray, to the US House of Representatives Budget Committee, November 20, 2019. (You may want to start with the Introduction of this paper, and then the Conclusion and 'Questions' following the bibliography).

For the 'con' case, the working paper by Sebastian Edwards, 'Modern Monetary Theory: Cautionary Tales from Latin America', published by the Hoover Institution, April 25, 2019.

• Thank you for taking the time to help.