Should fiscal policy resemble private budgets? bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
The Socialist Calculation Debate | Lapham s Quarterly laphamsquarterly.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from laphamsquarterly.org Daily Mail and Mail on Sunday newspapers.
Otmar Issing, FRANKFURT – Many people are now proclaiming that the COVID-19 pandemic has provided proof positive that Modern Monetary Theory (MMT) is the only way forward for governments. To the uninitiated, MMT probably sounds extremely sophisticated – even scientific. Its representatives speak as though they have developed a new economic paradigm comparable to the […]
from Dirk Ehnts, Econoblog101I have been re-reading the Functional Finance and the Federal Debt paper this afternoon. There are crucial differences between Functional Finance Theory (FFT) and Modern Monetary Theory (MMT). Therefore, it (MMT) was not all in Lerner. Let me comment on FTT from an MMT perspective