Showing posts with label fiscal constraint. Show all posts
Showing posts with label fiscal constraint. Show all posts

Wednesday, November 23, 2016

Bill Mitchell — The case against free trade – Part 4

A major point of difference between Post Keynesians (in the New Cambridge tradition – Cripps and Godley etc) and the original proponents of MMT (which includes this author) is that a currency-issuing government is not constrained in its capacity to generate full employment through appropriate fiscal policy settings....
Bill Mitchell – billy blog
The case against free trade – Part 4
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia