This article is an introduction to some core concepts of Modern Monetary Theory (MMT). Although I associate this explanation with MMT, it is clear that it was foreshadowed by earlier economists, such as Abba Lerner. I am currently not in a position to say who was the first to do this mode of analysis.MMT versus loanable funds explained with respect to bonds, interest rate, and yields.
Bond Economics
What Is A Government Bond?
Brian Romanchuk
No comments:
Post a Comment