The book The National Deb(i)t: How the Post-Gold Standard Modern Monetary System Really Works (Second Edition) by Edward J. Delzio is a good introduction to Modern Monetary Theory (MMT). Like the reviewer, the author worked in the fixed income markets, and was similarly attracted to the insights provided by MMT. Although I believe the book is worthwhile, it must be kept in mind that it is introductory, and it is not enough to grasp some of the online debates surrounding MMT.…Bond Economics
Book Review: The National Debit
Brian Romanchuk
Brian Romanchuk
1 comment:
Thank you Brian, I sincerely appreciate your review...You hit it on the head: The 'insights provided by MMT' are truly attractive, and I feel relieved to 'unlearn whatever nonsense' I was taught in school and still get told by the so-called financial experts today.
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