Modern Monetary Theory A Comprehensive and Constructive Criticism

"This book offers a rigorous, detailed and balanced analysis of the various contributions to the Modern Monetary Theory debate, incorporating both the arguments of proponents and those who point to its limitations and obstacles. Modern Monetary Theory has soared in popularity, particularly in r...

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Detalles Bibliográficos
Autor principal: Espinosa, Eduardo Garzón (-)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Milton : Taylor & Francis Group 2024.
Edición:1st ed
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009869103506719
Tabla de Contenidos:
  • Cover
  • Half Title
  • Title Page
  • Copyright Page
  • Table of Contents
  • Introduction
  • Refernces
  • Chapter 1 Modern Monetary Theory's view of the origin of money and its criticisms
  • Introduction
  • Vision of commodity money
  • Marx's commodity money
  • Critique of the commodity money view
  • Credits and debts
  • Primitive money
  • Money in class society
  • Temples and palaces in Mesopotamia
  • Silver
  • General-purpose money
  • Criticisms
  • Conclusions
  • Notes
  • References
  • Chapter 2 Modern Monetary Theory's view of the nature of money and its criticisms
  • Introduction
  • The beginnings of chartalism
  • Neo-chartalism (or MMT chartalism)
  • Taxes
  • Criticisms
  • Criticisms of taxation driving money
  • Criticisms of the determination of the value of money
  • Conclusions
  • References
  • Chapter 3 Modern Monetary Theory's view of monetary sovereignty and its criticisms
  • Introduction
  • Money issuers and users
  • Political sovereignty
  • Criticisms
  • Response to criticisms
  • Conclusions
  • Note
  • References
  • Chapter 4 Modern Monetary Theory's view of the deficits and public debt and its criticisms
  • Introduction
  • Different views on public deficits
  • MMT's view of the public deficit
  • Public debt
  • Criticisms
  • Conclusions
  • References
  • Chapter 5 Modern Monetary Theory's view of the bank and endogenous money and its criticisms
  • Introduction
  • Debt pyramid
  • Bank money
  • Endogenous money
  • Criticisms
  • Conclusions
  • References
  • Chapter 6 Functional Finance and Modern Monetary Theory's view of the inflation and its criticisms
  • Functional Finance
  • Sectoral balances
  • Criticisms
  • Functional Finance
  • Monetary policy subordinated to fiscal policy
  • Political assessment and supply-side inflation
  • Pandemic-era inflation
  • Criticism of sectoral balances
  • Conclusions
  • Note
  • References.
  • Chapter 7 Job Guarantee: The path to full employment of Modern Monetary Theory and its critics
  • Job Guarantee
  • Criticisms
  • Conclusions
  • References
  • Final conclusions
  • Index.