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Published by John Wiley and Sons Ltd, 2022
ISBN 10: 1509554262 ISBN 13: 9781509554263
Language: English
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Published by John Wiley and Sons Ltd, 2022
ISBN 10: 1509554262 ISBN 13: 9781509554263
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Published by John Wiley And Sons Ltd Sep 2022, 2022
ISBN 10: 1509554262 ISBN 13: 9781509554263
Language: English
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Add to basketTaschenbuch. Condition: Neu. Neuware - Is money precious and scarce, necessitating iron fiscal discipline Must the government always balance the books or risk ruin Or is money, in fact, a flexible tool that can be used to mobilize our collective resources to serve those who need them In this book, leading Modern Money Theory (MMT) advocate Randy Wray explains that the only real constraints on public policy are physical resources, technological capacity and political will: but never money. He shows how modern sovereign governments spend by keystroking money to bank accounts. While taxes serve other important purposes, they do not - contrary to popular belief - fund spending. If we recognize this, and totally reframe how we think about money and debt, we can marshal our national wealth to make us all richer, eliminate unemployment and 'look after our own.' We can make money work for us - the US.This book's account shows how MMT can become a new American political and economic orthodoxy, replacing the dominant conservative framework forever. It is essential reading for all progressives.
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Published by John Wiley and Sons Ltd, 2022
ISBN 10: 1509554254 ISBN 13: 9781509554256
Language: English
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ISBN 10: 1509554254 ISBN 13: 9781509554256
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ISBN 10: 1509554254 ISBN 13: 9781509554256
Language: English
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Add to basketBuch. Condition: Neu. Neuware - Is money precious and scarce, necessitating iron fiscal discipline Must the government always balance the books or risk ruin Or is money, in fact, a flexible tool that can be used to mobilize our collective resources to serve those who need them In this book, leading Modern Money Theory (MMT) advocate Randy Wray explains that the only real constraints on public policy are physical resources, technological capacity and political will: but never money. He shows how modern sovereign governments spend by keystroking money to bank accounts. While taxes serve other important purposes, they do not - contrary to popular belief - fund spending. If we recognize this, and totally reframe how we think about money and debt, we can marshal our national wealth to make us all richer, eliminate unemployment and 'look after our own.' We can make money work for us - the US.This book's account shows how MMT can become a new American political and economic orthodoxy, replacing the dominant conservative framework forever. It is essential reading for all progressives.