<p>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?</p><p>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.</p><p>This book''s account shows how MMT can become a new American political and economic orthodoxy, replacing the domin
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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.
kr 1049.00
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In this innovative and very practical book, L. Randall Wray argues that full employment and price stability are not the incompatible goals that current economic theory and policy assume. Indeed, he advances a policy that would generate true, full employment...
kr 399.00
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<p>Money is mysterious. We love it, we hate it, but few people can tell you what the heck it really <i>is</i>. Wouldn¿t it be good to get out of the fog? </p><p>This book will help you understand both the way money works...
kr 199.00
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