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Modern Monetary Theory and the Recovery

Modern Monetary Theory and the Recovery

Paperback

Investing & Finance

ISBN10: 1777600200
ISBN13: 9781777600204
Publisher: Tidewater Pr
Published: Mar 15 2021
Pages: 162
Weight: 0.50
Height: 0.35 Width: 6.00 Depth: 9.00
Language: English
This book discusses the causes of slow growth in the developed world after the early 1990s from a Modern Monetary Theory perspective. Policy proposals from MMT proponents that aim to rejuvenate the labour market without causing a resurgence of inflation will be examined.Modern Monetary Theory is an outgrowth of the heterodox post-Keynesian school of economics, and the overall scope of the theory is often obscured, or mangled, in popular discussions. This text outlines its key concepts with the objective of reducing confusion.Given the reality that MMT arguments are hotly debated, this book concludes with a chapter of criticisms of MMT.

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