Discover and read the best of Twitter Threads about #DeficitMyth
Most recents (3)
Daily Bookmarks to GAVNet 03/23/2021 greeneracresvaluenetwork.wordpress.com/2021/03/23/dai…
Five tips for understanding and managing your emotions to build flourishing connections
nature.com/articles/d4158…
#EmotionalIntelligence #ProfessionalRelationships #psychology
nature.com/articles/d4158…
#EmotionalIntelligence #ProfessionalRelationships #psychology
Essay on Academic Bullying Full of Misrepresentations
chronicle.com/blogs/letters/…
#academe #bullying #OpEd
chronicle.com/blogs/letters/…
#academe #bullying #OpEd
The #deficit #myth #deficitmyth by @StephanieKelton #MMT modern monetary theory
Myth N. 1: The #state should budget like a #household
#RealityCheck : unlike a household, a #SovereignNation, which owns its national #centralbank, issues the #currency it spends
Myth N. 1: The #state should budget like a #household
#RealityCheck : unlike a household, a #SovereignNation, which owns its national #centralbank, issues the #currency it spends
Myth N. 2: #deficit is evidence of #overspending
#RealityCheck: look to #inflation for evidence of over spending
#RealityCheck: look to #inflation for evidence of over spending
The purpose of #taxes is not to pay for #government expenditures but to help rebalancing the #wealth distribution #MMT
What can an economist with mainstream training learn from #MMT? I articulate my answer in a new paper titled “A Blue Paper on Modern Monetary Theory” #MMTBluePaper.
bit.ly/30puulV
Here are the background and a quick summary. 1/19
bit.ly/30puulV
Here are the background and a quick summary. 1/19
I, for one, have learned a lot. The MMT literature explores procedural, accounting, and institutional aspects of modern monetary institutions and their coordination with the fiscal authority.
An excellent bibliography of MMT can be found here
levyinstitute.org/pubs/wp_778.pdf
2/19
An excellent bibliography of MMT can be found here
levyinstitute.org/pubs/wp_778.pdf
2/19
The analysis naturally leads to a powerful message which is at the core of MMT: a government with a sovereign currency can always afford to pay in the currency it prints and it is not subjected to the same financial constraints of a household.
nyti.ms/3cScgME
3/19
nyti.ms/3cScgME
3/19
