I am now using Friday’s blog space to provide draft versions of the Modern Monetary Theory textbook that I am writing with my colleague and friend Randy Wray. We expect to complete the text during 2013 (to be ready in draft form for second semester teaching). Comments are always welcome. Remember this is a textbook aimed at undergraduate students and so the writing will be different from my usual blog free-for-all. Note also that the text I post is just the work I am doing by way of the first draft so the material posted will not represent the complete text. Further it will change once the two of us have edited it.
We are now in the process of final integration of all materials so far written. Not all of that material has appeared in these Friday pages. By the end of June we will have a first draft available and it will be trialled at two universities in second semester.
We will also be developing detailed databases and analytical exercises for the on-line support site from July to December 2013. The final publication is planned for later 2013. We hope to launch it at the – CofFEE Conference – in December 2013 in Newcastle, Australia.
Previous parts to this Chapter:
▪ Buffer stocks and price stability – Part 1
▪ Buffer stocks and price stability – Part 2
▪ Buffer stocks and price stability – Part 3
Chapter 13 – Buffer Stocks and Price Stability
[Continuing from Part 3]
Inflation control and the JGBill Mitchell – billy blog
Buffer stocks and price stability – Part 4