Modern Monetary Theory

21st Jun 20, 6:02am
The flooding of capital markets with massive new money from the RBNZ's quantitative easing program calls for a fuller debate of what the central bank and the Minister of Finance are trying to achieve, says Keith Woodford
The flooding of capital markets with massive new money from the RBNZ's quantitative easing program calls for a fuller debate of what the central bank and the Minister of Finance are trying to achieve, says Keith Woodford
21st Jun 20, 6:02am
6th May 20, 10:03am
by Guest
Willem Buiter warns that Modern Monetary Theory's implicit assumptions could encourage reckless policymaking
Willem Buiter warns that Modern Monetary Theory's implicit assumptions could encourage reckless policymaking
6th May 20, 10:03am
28th Mar 20, 10:04am
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Willem Buiter compares the plans for monetary-financed deficit spending in the United States, Britain and Europe
Willem Buiter compares the plans for monetary-financed deficit spending in the United States, Britain and Europe
28th Mar 20, 10:04am
2nd Jul 19, 1:30pm
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It is not true that Japan's experience proves that Modern Monetary Theory works, as some have argued. But increasing deficit-financed spending, in Japan and elsewhere, may still have merit, despite inflationary risks
It is not true that Japan's experience proves that Modern Monetary Theory works, as some have argued. But increasing deficit-financed spending, in Japan and elsewhere, may still have merit, despite inflationary risks
2nd Jul 19, 1:30pm
19th May 19, 6:02am
by Guest
The experience of Latin America should serve as a clear warning for today’s Modern Monetary Theory enthusiasts. There, fiscal expansions that were financed by printing money spun catastrophically out of control
The experience of Latin America should serve as a clear warning for today’s Modern Monetary Theory enthusiasts. There, fiscal expansions that were financed by printing money spun catastrophically out of control
19th May 19, 6:02am
31st Jul 17, 4:03pm
Former RBNZ economist Michael Reddell reviews Modern Monetary Theory where fiscal policy is the key lever rather than monetary policy; He argues monetary policy is still best for cyclical stabilisation
Former RBNZ economist Michael Reddell reviews Modern Monetary Theory where fiscal policy is the key lever rather than monetary policy; He argues monetary policy is still best for cyclical stabilisation
31st Jul 17, 4:03pm