Thursday, October 10, 2019

MMT in Developing Countries at the Real News Network

Full transcript of the short interview here. Paper was linked before. Note that we say that Functional Finance does apply to developing countries, but that the insistence of the advantages of flexible exchange rates, as opposed to managed regimes with capital controls, are not correct.
By -
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

The World Upsidedown: Progressives and the Return of the Victorian Policy Consensus

  Eminent Victorian?   The complete shitshow that US trade policy has become has led to a paradoxical result. Many progressive critics of Fr...

  • Hyperinflation in Bitcoinland
    There are Gold Bugs and there are  Bitcoin Bugs. They all oppose fiat money (hate the Fed and other monetary authorities) and follow some s...
  • The capital debates: A brief introduction
    Teaching on the capital debates this and last week. So here are some thoughts, based on my class notes and the required readings (see below)...
  • A reply to Wray - Part I
    By Sergio Cesaratto (Guest Blogger) “The fact that individual countries no longer have their own currencies and central banks will put n...