Showing posts with label Edward J. Delzio. Show all posts
Showing posts with label Edward J. Delzio. Show all posts

Tuesday, October 13, 2015

Brian Romanchuk — Book Review: The National Debit

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