What's Wrong with Modern Money Theory? A Policy Critique /

• Κύριος συγγραφέας: Epstein, Gerald A. (Συγγραφέας, http://id.loc.gov/vocabulary/relators/aut)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Cham : Springer International Publishing : Imprint: Palgrave Pivot, 2019.
• Έκδοση: 1st ed. 2019.
• Θέματα: Economic policy.; Economics.; United States-Politics and government.; Schools of economics.; Economic Policy.; Political Economy/Economic Systems.; US Politics.; Heterodox Economics.

This Palgrave Pivot assesses the validity of Modern Money Theory's approach to macroeconomic policy, specifically monetary and fiscal policy. Whereas other papers have focused primarily on theoretical and doctrinal issues, this book focuses primarily on an analysis of MMT's policy approach...

Πίνακας περιεχομένων:

• 1
• Introduction: Strange Bedfellows and the Rise of Modern Money Theory
• 2. MMT Basics and the Sustainability of Money Financed Deficits
• 3. Institutional Specificity and the Limited Policy Relevance of Modern Money Theory
• 4. The Role of the Dollar as an International Currency and Its Limits in a Multi-Key Currency World
• 5. MMT as "America First" Monetary Policy and Its Costs
• 6. The Mystery of the Missing Minsky: Financial Instability as a Constraint on MMT Macroeconomic Policy
• 7. An MMT Free Lunch Mirage Can Lead to Perverse Outcomes: Fight Your Friends, Spare Your Enemies
• 8. Conclusion: Contours of a Progressive Macroeconomic Policy.