Wednesday, August 17, 2016

Brian Romanchuk — Book Review: Diagrams & Dollars

Diagrams & Dollars: Modern Money Illustrated by J.D. Alt is a brief ebook that introduces the national accounts flow concepts used by Modern Monetary Theory (MMT). The book is written for a general audience, covering what is unfortunately the most non-intuitive parts of Functional Finance. The concepts are actually easily understood if they are taught properly, but are difficult to understand if you have been taught that the central government is just like a household.
Bond Economics
Book Review: Diagrams & Dollars
Brian Romanchuk

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