Making Money Work for Us - How MMT Can Save America

Name: Making Money Work for Us - How MMT Can Save America
Brand: Polity Press
SKU: 9781509554256
Price: 293.11 RON
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Autor: Randall Wray

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Editura: Polity Press

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Is money precious and scarce, necessitating iron fiscal discipline? Must the government always balan...

Informații despre carte

Autor

Randall Wray

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2022

Pagini

224

EAN

9781509554256

ISBN

1509554254

Enbook ID

38749553

Editura

Polity Press

Greutate

352

Dimensiuni

222 x 144 x 22

Descriere completă

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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Making Money Work for Us - How MMT Can Save America

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