UID:
almahu_9949447706702882
Format:
1 online resource (330 pages)
ISBN:
9781802208092 (e-book)
Content:
"Providing an up-to-date account of Modern Monetary Theory (MMT) with contributions from the world's leading experts, each chapter offers new insights on the topic, building upon MMT's established body of work. This innovative book analyses key economic issues from a wide set of regions including the UK, Europe and the Global South, addressing previous concerns that MMT is too US-focused. Alongside ground-breaking research written by MMT's original developers and leading academics, the book also includes contributions from economic historians and public policy campaigners, highlighting how MMT contributes to challenging neoliberalism and the hegemony of mainstream macroeconomics. Offering an examination of the existing legal, institutional and policy framework which governs the UK Exchequer in particular, it examines how the central claims of MMT map onto the financial activities of the UK government. This will be key reading for undergraduate and postgraduate economics students, as well as more advanced scholars of the discipline, particularly for those looking into theories of finance, money and banking. It will also have a wider appeal across the social sciences, including politics and sociology students"--
Note:
Contents: Preface / Phil Armstrong -- Introduction to modern monetary theory: Key insights, leading thinkers / Sara Holland, Claire Jackson-Prior and Prue Plumridge -- 1. How does the government spend? A functional model of the uk exchequer / Andrew Berkeley, Richard Tye and Neil Wilson -- 2. Credit and the exchequer since the restoration / Richard Tye -- 3. Sovereign nations face resource constraints, not financial constraints / Yeva Nersisyan and L. Randall Wray -- 4. A framework for the analysis of the price level and inflation / Warren Mosler -- 5. The external economy / William Mitchell -- 6. Modern monetary theory, the United Kingdom and pound sterling / John T. Harvey -- 7. The eurozone and brexit / Stuart Medina Miltimore and William Mitchell -- 8. Modern monetary theory as post-neoliberal economics: The role ofmethodology-philosophy / Phil Armstrong and Jamie Morgan -- 9. Tax as a hygiene factor: Setting uk taxation policy using modern monetary theory / Neil Wilson -- 10. Checklist of an employment guarantee programme: The plan jefes de hogar from argentina revisited 20 years later / Daniel Kostzer -- 11. Three lessons from government spending and the postpandemic recovery / Pavlina R. Tcherneva -- 12. Mmt and public policy in the United Kingdom / Deborah Harrington and Jessica Ormerod Postscript: thoughts on MMT's insights / L. Randall Wray -- Index.
Additional Edition:
ISBN 9781802208085 (hardback)
Language:
English
Keywords:
Electronic books.
URL:
https://www.elgaronline.com/view/book/9781802208092/9781802208092.xml
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