國立高雄大學圖資館 |

Language: English

Back

What's wrong with modern money theor...

Epstein, Gerald A.

What's wrong with modern money theory?a policy critique /

Record Type:	Electronic resources : Monograph/item
Title/Author:	What's wrong with modern money theory?by Gerald A. Epstein.
Reminder of title:	a policy critique /
Author:	Epstein, Gerald A.
Published:	Cham :Springer International Publishing :2019.
Description:	xi, 100 p. :digital ;22 cm.
Contained By:	Springer eBooks
Subject:	Monetary policy.
Online resource:	https://doi.org/10.1007/978-3-030-26504-5
ISBN:	9783030265045$q(electronic bk.)

What's wrong with modern money theory?a policy critique /
Epstein, Gerald A.

What's wrong with modern money theory?a policy critique /[electronic resource] :by Gerald A. Epstein. - Cham :Springer International Publishing :2019. - xi, 100 p. :digital ;22 cm.

1 -- Introduction: Strange Bedfellows and the Rise of Modern Money Theory -- 2. MMT Basics and the Sustainability of Money Financed Deficits -- 3. Institutional Specificity and the Limited Policy Relevance of Modern Money Theory -- 4. The Role of the Dollar as an International Currency and Its Limits in a Multi-Key Currency World -- 5. MMT as "America First" Monetary Policy and Its Costs -- 6. The Mystery of the Missing Minsky: Financial Instability as a Constraint on MMT Macroeconomic Policy -- 7. An MMT Free Lunch Mirage Can Lead to Perverse Outcomes: Fight Your Friends, Spare Your Enemies -- 8. Conclusion: Contours of a Progressive Macroeconomic Policy.

This Palgrave Pivot assesses the validity of Modern Money Theory's approach to macroeconomic policy, specifically monetary and fiscal policy. Whereas other papers have focused primarily on theoretical and doctrinal issues, this book focuses primarily on an analysis of MMT's policy approach. Though drawing on academic literature, this book's approach is empirical and policy-based, making it accessible to scholars and the public alike. It addresses a burning question in the policy and politics of the US and elsewhere where MMT is gaining a policy foothold, especially among progressive activists and politicians: Is MMT, in fact, a good guide for progressive macroeconomic policy? The main focus of this book is to explain why the answer to this question is no.

ISBN: 9783030265045$q(electronic bk.)

Standard No.: 10.1007/978-3-030-26504-5doiSubjects--Topical Terms:

182879
Monetary policy.

LC Class. No.: HG230.3 / .E67 2019

Dewey Class. No.: 332.46

What's wrong with modern money theory?a policy critique /
LDR:02431nmm a2200337 a 4500 001 564965
003 DE-He213
005 20190809144436.0
006 m d
007 cr nn 008maaau
008 200327s2019 gw s 0 eng d
020 $a 9783030265045$q(electronic bk.)
020 $a 9783030265038$q(paper)
023 9 5 $a nam a2200325 a 4500
024 7 $a 10.1007/978-3-030-26504-5 $2 doi
035 $a 978-3-030-26504-5
040 $a GP $c GP
041 0 $a eng
050 4 $a HG230.3 $b .E67 2019
072 7 $a KCP $2 bicssc
072 7 $a POL024000 $2 bisacsh
072 7 $a KCP $2 thema
082 0 4 $a 332.46 $2 23
090 $a HG230.3 $b .E64 2019
100 1 $a Epstein, Gerald A. $3 230529
245 1 0 $a What's wrong with modern money theory? $h [electronic resource] : $b a policy critique / $c by Gerald A. Epstein.
260 $a Cham : $b Springer International Publishing : $b Imprint: Palgrave Pivot, $c 2019.
300 $a xi, 100 p. : $b digital ; $c 22 cm.
505 0 $a 1 -- Introduction: Strange Bedfellows and the Rise of Modern Money Theory -- 2. MMT Basics and the Sustainability of Money Financed Deficits -- 3. Institutional Specificity and the Limited Policy Relevance of Modern Money Theory -- 4. The Role of the Dollar as an International Currency and Its Limits in a Multi-Key Currency World -- 5. MMT as "America First" Monetary Policy and Its Costs -- 6. The Mystery of the Missing Minsky: Financial Instability as a Constraint on MMT Macroeconomic Policy -- 7. An MMT Free Lunch Mirage Can Lead to Perverse Outcomes: Fight Your Friends, Spare Your Enemies -- 8. Conclusion: Contours of a Progressive Macroeconomic Policy.
520 $a This Palgrave Pivot assesses the validity of Modern Money Theory's approach to macroeconomic policy, specifically monetary and fiscal policy. Whereas other papers have focused primarily on theoretical and doctrinal issues, this book focuses primarily on an analysis of MMT's policy approach. Though drawing on academic literature, this book's approach is empirical and policy-based, making it accessible to scholars and the public alike. It addresses a burning question in the policy and politics of the US and elsewhere where MMT is gaining a policy foothold, especially among progressive activists and politicians: Is MMT, in fact, a good guide for progressive macroeconomic policy? The main focus of this book is to explain why the answer to this question is no.
650 0 $a Monetary policy. $3 182879
650 0 $a Fiscal policy. $3 183985
650 0 $a Macroeconomics. $3 183168
650 1 4 $a Economic Policy. $3 274350
650 2 4 $a Political Economy/Economic Systems. $3 825350
650 2 4 $a US Politics. $3 740134
650 2 4 $a Heterodox Economics. $3 741898
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer eBooks
856 4 0 $u https://doi.org/10.1007/978-3-030-26504-5
950 $a Economics and Finance (Springer-41170)