Modern Monetary Theory

Edited by L. R. Wray, Phil Armstrong, Sara Holland, Claire Jackson-Prior, Prue Plumridge and Neil Wilson

in Books from Edward Elgar Publishing

Abstract: Providing an up-to-date account of Modern Monetary Theory 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.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2023
ISBN: 9781802208085
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Chapters in this book:

Ch 1 How does the government spend? A functional model of the UK Exchequer , pp 1-40

Andrew Berkeley, Richard Tye and Neil Wilson

Ch 2 Credit and the Exchequer since the Restoration , pp 41-66

Richard Tye

Ch 3 Sovereign nations face resource constraints, not financial constraints , pp 67-86

Yeva Nersisyan and L. Randall Wray

Ch 4 A framework for the analysis of the price level and inflation , pp 87-93

Warren Mosler

Ch 5 The external economy , pp 94-124

William Mitchell

Ch 6 Modern Monetary Theory, the United Kingdom, and pound sterling , pp 125-147

John T. Harvey

Ch 7 The Eurozone and Brexit , pp 152-181

Stuart Medina Miltimore and William Mitchell

Ch 8 Modern Monetary Theory as post-neoliberal economics: the role of methodology-philosophy , pp 182-206

Phil Armstrong and Jamie Morgan

Ch 9 Tax as a hygiene factor: setting UK taxation policy using Modern Monetary Theory , pp 207-222

Neil Wilson

Ch 10 Checklist of an employment guarantee programme: the Plan Jefes de Hogar from Argentina revisited 20 years later , pp 226-252

Daniel Kostzer

Ch 11 Three lessons from government spending and the post-pandemic recovery , pp 253-262

Pavlina Tcherneva

Ch 12 Modern Monetary Theory and public policy in the United Kingdom , pp 263-288

Deborah Harrington and Jessica Ormerod

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