Modern Monetary Theory

Key Insights, Leading Thinkers

by L. R. Wray, Phil Armstrong, Sara Holland, Claire Jackson-Prior, Prue Plumridge, Neil Wilson (publ. 10 Jan 2023) Buy

Book contents

Preface, Phil Armstrong
Acknowledgements
Introduction to Modem Monetary Theory: Key Insights, Leading Thinkers
Sara Holland, Claire Jackson-Prior and Prue Plumridge

  1. How does the government spend? A functional model of the UK Exchequer
    Andrew Berkeley, Richard Tye and Neil Wilson
  2. Credit and the Exchequer since the Restoration
    Richard Tye
  3. Sovereign nations face resource constraints, not financial constraints
    Yeva Nersisyan and L. Randall Wray
  4. A framework for the analysis of the price level and inflation
    Warren Mosler
  5. The external economy
    William Mitchell
  6. Modem Monetary Theory, the United Kingdom, and pound sterling
    John T. Harvey
  7. The Eurozone and Brexit
    Stuart Medina Miltimore and William Mitchell
  8. Modem Monetary Theory as post-neoliberal economics: the role of methodology—philosophy
    Phil Armstrong and Jamie Morgan
  9. Tax as a hygiene factor: setting UK taxation policy using Modern Monetary Theory
    Neil Wilson
  10. Checklist of an employment guarantee programme: the Plan Jefes de Hogar from Argentina revisited 20 years later
    Daniel Kostzer
  11. Three lessons from govemment spending and the post-pandemic recovery
    Pavlina R. Tchemeva
  12. Modem Monetary Theory and public policy in the United Kingdom
    Deborah Harrington and Jessica Ormerod

Postscript: thoughts on MMT’s insights
L. Randall Wray
Index

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