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 publish the text sometime around mid-2014. Our (very incomplete) textbook home page – Modern Monetary Theory and Practice – has draft chapters and contents etc in varying states of completion. Comments are always welcome. Note also that the text I post here is not intended to be a blog-style narrative but constitutes the drafting work I am doing – that is, the material posted will not represent the complete text. Further it will change as the drafting process evolves.
Previous blogs in this series:
Previous blogs in this series:
Chapter X Growth and Inequality
X.2 Keynesian growth theories – Harrod-Domar
[PREVIOUS MATERIAL HERE]
Required growth and the full employment of labour
Bill Mitchell – billy blog
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at the Charles Darwin University, Northern Territory, Australia
1 comment:
I apologize for this being off-topic. Have y'all seen this?: http://krugman.blogs.nytimes.com/2014/02/06/austerity-memories-2/?module=BlogPost-Title&version=Blog Main&contentCollection=Opinion&action=Click&pgtype=Blogs®ion=Body
Is it me or is Krugman giving the cold shoulder to a grand bargain for fiscal stimulus?
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