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Making Money Work for Us: How Mmt Can Save America

Making Money Work for Us: How Mmt Can Save America

Paperback

Investing & FinanceGeneral Political Science

Currently unavailable to order

ISBN10: 1509554262
ISBN13: 9781509554263
Publisher: Polity Pr
Published: Nov 21 2022
Pages: 224
Weight: 0.55
Height: 0.55 Width: 5.43 Depth: 8.43
Language: English

Is money precious and scarce, necessitating iron fiscal discipline? Must the government always balance the books or risk ruin? Or is money, in fact, a flexible tool that can be used to mobilize our collective resources to serve those who need them?

In this book, leading Modern Money Theory (MMT) advocate Randy Wray explains that the only real constraints on public policy are physical resources, technological capacity and political will: but never money. He shows how modern sovereign governments spend by keystroking money to bank accounts. While taxes serve other important purposes, they do not - contrary to popular belief - fund spending. If we recognize this, and totally reframe how we think about money and debt, we can marshal our national wealth to make us all richer, eliminate unemployment and look after our own. We can make money work for us - the US.

Also from

Wray, L. Randall

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General Political Science