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Modern Money Theory
This second edition explores how money 'works' in the modern economy and synthesises the key principles of Modern Money Theory, exploring macro accounting, currency regimes and exchange rates in both the USA and developing nations.
Modern Money Theory
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Debating Modern Monetary Theory
This book considers the theoretical and empirical claims of Modern Monetary Theory (MMT) in developed and developing countries. It is structured as a debate between leading MMT theorists and MMT critics. MMT threw down a challenge to mainstream economics and forced it to respond, above all in the USA. This is a rare occurrence, almost unknown, for heterodox economics during the last few decades. It is not surprising, therefore, that MMT has attracted strong attention from a broad swathe of researchers. It is even less surprising that it has become the theoretical vehicle of choice for political activists opposing austerity. Its influence is remarkable and has gradually spread to other social...
Visions and Strategies for a Sustainable Economy
The multidisciplinary edited book Visions and Strategies for a Sustainable Economy: Theoretical and Policy Alternatives provides a thorough examination – at the theoretical and, especially, policy levels – of a number of key topics related to a sustainable economy and a better society. With important contributions by distinguished academics, the book presents alternative views, provides an assessment of contemporary realities in an era of ecological emergency, and offers visions, strategies, and realistic policies towards a better economy and society while paying special attention to a “green new deal” for different areas.
Я ж вам казав!
Мaбуть, жoдeн eкoнoмicт нe oтpимaв тaкoгo визнaння внacлiдoк глoбaльнoї фiнaнcoвoї кpизи, як Гaймaн Мiнcьки. Xoч i кiлькa дocлiдникiв били нa cпoлox пpo мoжливicть кpизи iщe нa пoчaтку 2000-x, — зacтepeжeння Мiнcьки з’явилиcя нa пiвcтoлiття paнiшe. Зaвдяки зacтocувaнню aльтepнaтивнoгo пiдxoду дo eкoнoмiчнoї тeopiї вiн пoбaчив вpaзливicть фiнaнcoвoї cиcтeми тoдi, кoли мeйнcтpiмнi eкoнoмicти щe нe вiдчувaли жoднoї зaгpoзи. Ocнoвнa iдeя Мiнcьки пoлягaє в тoму, щo «cтaбiльнicть дecтaбiлiзує». Щoйнo cиcтeмa дocягaє piвнoвaги, пoвeдiнкa людeй, eкoнoмiчнa пoлiтикa тa й влacнe бiзнec — уce пoчинaє змiнювaтиcя. Унacлiдoк цьoгo cиcтeмa cтaє cлaбкoю тa нecтaбiльнoю.
Making Money Work for Us
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. This book's account shows how MMT can become a new American political and economic orthodoxy, replacing the dominant conservative framework forever. It is essential reading for all progressives.
International Trade and Sustainability
This book examines how international trade can be utilised to build a sustainable future. It highlights how international trade and climate regimes can work together to put in place a Green New Deal. The potential of mega-regional trade agreements to aid climate change mitigation and power the energy transition is explored in relation to the energy section, with a particular focus on clean technology. Broader perspectives are provided by an analysis of international trading systems in the Caribbean and Pacific Islands and a review of climate change law and policy in Brazil, Russia, India, and China. This book aims to provide an interdisciplinary understanding of how green trade can be achieved. It will be relevant to researchers and policymakers interested in international trade and environmental economics.
Shock Values
"How inflation fears shaped American society, then and now. For most of its history, the United States has benefited from price stability-a steady relationship between supply and demand, characterized by prices that don't inflate or deflate in unpredictable fashion. Across these long stretches, the US economy became famously free-market: prices did the job of stabilizing the economy so the government didn't have to. In this sweeping and revelatory history of American economy and democracy, Carola Conces Binder shows that American price-stability is no accident. From its colonial origins to today, the American state has been designed for, and continues to be shaped by, an unlimited effort to ...
A Great Leap Forward
A Great Leap Forward: Heterodox Economic Policy for the 21st Century investigates economic policy from a heterodox and progressive perspective. Author Randall Wray uses relatively short chapters arranged around several macroeconomic policy themes to present an integrated survey of progressive policy on topics of interest today that are likely to remain topics of interest for many years.
The Elgar Companion to Post Keynesian Economics
The Elgar Companion to Post Keynesian Economics is a comprehensive guide to economic analyses in the tradition of Keynes and the so-called Cambridge (UK) school of economics. The coverage of themes and different theoretical orientations within Post Keynesianism is remarkable and the quality of the various entries is impressive. John Kings invisible hand is responsible for a minimum of overlaps and an optimum in quality and comprehensibility. This book has already proved to be of interest to a wide range of economists and can be expected to continue to do so for a long time to come. Heinz D. Kurz, University of Graz, Austria This thoroughly revised and updated second edition provides a compre...
