What's Wrong with Modern Money Theory? : A Policy Critique / / by Gerald A. Epstein
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| Autore: |
Epstein Gerald A
|
| Titolo: |
What's Wrong with Modern Money Theory? : A Policy Critique / / by Gerald A. Epstein
|
| Pubblicazione: | Cham : , : Springer International Publishing : , : Imprint : Palgrave Pivot, , 2019 |
| Edizione: | 1st ed. 2019. |
| Descrizione fisica: | 1 online resource (105 pages) |
| Disciplina: | 332.46 |
| Soggetto topico: | Economic policy |
| Economics | |
| Schools of economics | |
| Economic Policy | |
| Political Economy/Economic Systems | |
| US Politics | |
| Heterodox Economics | |
| Soggetto geografico: | United States Politics and government |
| Nota di contenuto: | 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. |
| Sommario/riassunto: | 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. Though drawing on academic literature, this book’s approach is empirical and policy-based, making it accessible to scholars and the public alike. It addresses a burning question in the policy and politics of the US and elsewhere where MMT is gaining a policy foothold, especially among progressive activists and politicians: Is MMT, in fact, a good guide for progressive macroeconomic policy? The main focus of this book is to explain why the answer to this question is no. |
| Titolo autorizzato: | What's Wrong with Modern Money Theory |
| ISBN: | 3-030-26504-8 |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910349535103321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |