I have made a bigger effort at portraying the balance sheets of the players in the economy last fall when I designed a Power Point file that shows how money is created according to the neo-classical view and the Modern Monetary Theory/Post-Keynesian view....Neo-classical and Modern Monetary Theory – a balance sheet view (.pptx)
Read it at econoblog101
Neo-classical and Modern Monetary Theory – a balance sheet view
by Dirk Ehnts | research assistant at the chair for international economic relations at University of Oldenburg, Germany
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