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blog.p2pfoundation.net | ||
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economicsfromthetopdown.com
I've always been baffled that modern monetary theory is called a 'theory'. Why don't we just call it 'the way money is'? |
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bytepawn.com
I explore several points that are rarely explained in Modern Monetary Theory narratives: from taxation in non-tax economies to central bank independence, inflation targets, and the many forms of money that exist beyond government spending. These are areas where the story of MMT could be told more completely. |
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www.rogerfarmer.com
[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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theconversation.com
Understanding why requires a look at "near waters," "far waters"-and the colonial past. |
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