Simon Wren-Lewis — Offsetting private sector financial balances with fiscal policy

Simon Wren-Lewis does sectoral analysis. He has been at British treasury and is familiar with Godley's approach.

His approach is clearly neither traditional Keynesian nor MMT, since it is not based on the government's policy objective and moral requirement to maintain optimal use of resources including full employment along with and price stability. But at least we are talking in the same ballpark and asking relevant questions.

mainly macro
Offsetting private sector financial balances with fiscal policy
Simon Wren-Lewis | Professor of Economics, Oxford University