Excellent summary of basic MMT principles with specific reference to British institutions and policy.
The New StatesmanWhy the British state is a magic money tree
Josh Ryan-Collins is an associate professor in economics and finance at the UCL Institute for Innovation and Public Purpose
BOE has much better regulatory policies than Fed…
ReplyDeleteBoE does as it is told by HM Treasury - as required by law.
ReplyDeleteHere's the underlying paper UCL has published.
ReplyDelete"The Self Financing State"