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blog.p2pfoundation.net | ||
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www.rogerfarmer.com
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| | | | | [AI summary] The text presents an in-depth exploration of macroeconomic theory through the lens of Roger E. A. Farmer's academic work. It delves into the complexities of monetary theory, equilibrium concepts, and the role of central banks. Key themes include the endogeneity of money, the distinction between exogenous and endogenous money, the implications of liquidity traps, and the evolution of monetary policy frameworks. Farmer's perspective emphasizes the importance of general equilibrium theory, the role of banks in creating money, and the need for central banks to consider broader economic dynamics beyond traditional single-agent models. | |
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ebuchman.github.io
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| | | | | Modern Monetary Theory is refocusing economics on an important set of ideas: monetary sovereignty, the resource constraint, and a basic jobs program. There are curious parallels to cryptocurrencies. But MMT still has some ways to go to become the ecologically and socially sound theory of money we so desperately need | |
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noahpinionblog.blogspot.com
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| | | | | What is MMT, the heterodox economic theory that has captivated Alexandria Ocasio-Cortez , made its way into the Green New Deal discu... | |
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johnhcochrane.blogspot.com
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| | | [AI summary] An economist proposes a counterintuitive model suggesting that raising nominal interest rates and holding them steady could generate inflation, contrasting with standard monetary policy lore. | ||
