To explore macroeconomics through the lens of William (Bill) Mitchell , a pioneer of Modern Monetary Theory (MMT)
MMT Integration: It uses MMT to explain the spending and job-creation powers of currency-issuing governments.
. Unlike standard "orthodox" texts that focus on scarcity and household-style budgeting for governments, Mitchell’s "story" is one of sovereign currency and the power of the state to ensure full employment. Bloomsbury Publishing The Mitchell Macroeconomic Narrative
William Mitchell is an Australian economist and Professor of Economics at the University of the Sunshine Coast, Australia. He is known for his work on post-Keynesian economics, macroeconomics, and monetary policy.
Functional Finance: Advocates for fiscal and monetary policy to be judged by their impact on the real economy (inflation and employment) rather than the state of the budget. Book Structure & Availability
The fluorescent lights of the university library hummed, a low-frequency drone that usually lulled Leo to sleep. But tonight, he was wide awake, fueled by cheap espresso and desperation. His dissertation on modern fiscal policy was due in forty-eight hours, and his current draft was a masterpiece of confusion. He had spent weeks trying to reconcile neoclassical models with the post-2008 economic reality, and the math just wouldn't behave.
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