• Modern monetary theory or modern money theory (MMT) is a heterodox macroeconomic theory that describes currency as a public monopoly and unemployment...
    65 KB (7,124 words) - 21:56, 25 May 2025
  • Monetary circuit theory is a heterodox theory of monetary economics, particularly money creation, often associated with the post-Keynesian school. It...
    12 KB (1,648 words) - 22:12, 27 April 2025
  • imported inflation. Modern Monetary Theory, like all derivatives of the Chartalist school, emphasizes that in nations with monetary sovereignty, a country...
    8 KB (1,019 words) - 23:25, 19 December 2024
  • Monetary economics is the branch of economics that studies the different theories of money: it provides a framework for analyzing money and considers...
    114 KB (8,860 words) - 15:29, 26 May 2025
  • Thumbnail for Balanced budget
    economists, especially (but not limited to) those associated with Modern Monetary Theory (MMT), downplay the need for balanced budgets among countries that...
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  • House of Representatives to abandon Modern Monetary Theory and recognizing that the acceptance of Modern Monetary Theory would lead to higher deficits and...
    57 KB (6,421 words) - 04:16, 3 February 2025
  • The quantity theory of money (often abbreviated QTM) is a hypothesis within monetary economics which states that the general price level of goods and...
    41 KB (5,270 words) - 22:05, 24 May 2025
  • theory suggests that governments should concentrate on long-term structural change rather than intervention through discretionary fiscal or monetary policy...
    19 KB (2,602 words) - 04:46, 25 May 2025
  • of resources while controlling price level. In the first place, Modern Monetary Theory (MMT) rejects the monetarist explanation virtually in toto, arguing...
    8 KB (972 words) - 22:50, 28 September 2024
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    Perspectives. 8 (1): 3–22. doi:10.1257/jep.8.1.3. JSTOR 2138148. "Monetary Growth Theory". newschool.edu. 2011. Archived from the original on 21 October...
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  • In monetary economics, the currency in circulation in a country is the value of currency or cash (banknotes and coins) that has ever been issued by the...
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  • "Marx's Monetary Theory of Value, Fictitious Capital and Finance", 6 November 2015, p. 6. Investopedia Staff (2011-01-20). "Subjective Theory Of Value"...
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  • A monetary system is a system by which a government provides money in a country's economy. Modern monetary systems usually consist of the national treasury...
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  • Thumbnail for Monetarism
    Monetarism (redirect from Monetary rule)
    Fiscalism (usually contrasted to monetarism) Market monetarism Modern Monetary Theory Money creation - process in which private banks (primarily) or Central...
    27 KB (3,024 words) - 20:11, 24 May 2025
  • rational expectations for economic theory. One key implication is that government policies, such as changes in monetary or fiscal policy, may not be as effective...
    14 KB (2,091 words) - 06:21, 14 May 2025
  • Thumbnail for Money
    Money (redirect from Monetary)
    September 2012. Wray, L. Randall (2012). Modern money theory: a primer on macroeconomics for sovereign monetary systems. Houndmills, Basingstoke, Hampshire:...
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  • Therefore, they also accept the monetarist and new Keynesian view that monetary policy can have a considerable effect in the short run. The new classical...
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  • in unemployment. Search theory Beveridge curve Labor economics Monetary economics Nash bargaining game Matching (graph theory) Optimal matching Pissarides...
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  • ISBN 1-84064-789-2 Graziani, Augusto The Monetary Theory of Production. Cambridge, 2003 Wicksell and origins of modern monetary theory-Lars Pålsson Syll...
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  • Thumbnail for Money supply
    money supply changes. As these decisions are influenced by central banks' monetary policy, not least their setting of interest rates, the money supply is...
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  • different macroeconomic theories; they may be used to produce "what if" scenarios (usually to predict the effects of changes in monetary, fiscal, or other macroeconomic...
    20 KB (2,300 words) - 06:09, 25 January 2025
  • Thumbnail for Demand-pull inflation
    will increase their prices to 'catch up' to inflation. There is excessive monetary growth, when there is too much money in the system chasing too few goods...
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  • Dirk Ehnts (category Modern monetary theory scholars)
    German heterodox economist. He is one of the leading proponents of Modern Monetary Theory in Europe. Ehnts was born in Bremen, Germany and finished high school...
    9 KB (906 words) - 14:31, 8 July 2024
  • Thumbnail for Stockholm School (economics)
    twentieth century. William Barber's comment upon Gunnar Myrdal's work on monetary theory goes like this: "If his contribution had been available to readers...
    8 KB (924 words) - 09:46, 30 October 2024
  • Thumbnail for Credit theory of money
    Credit theories of money, also called debt theories of money, are monetary economic theories concerning the relationship between credit and money. Proponents...
    26 KB (3,219 words) - 13:31, 3 June 2025
  • University Management School as of February 2025. He is an advocate of Modern Monetary Theory. He thinks it could be applied to but not essential for a Green...
    25 KB (2,301 words) - 11:02, 27 April 2025
  • Thumbnail for Fiscal policy
    influence aggregate demand and the level of economic activity. Fiscal and monetary policy are the key strategies used by a country's government and central...
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  • fallen to below 4% since the recovery from the 2008 financial crisis. Monetary policy conducted under the assumption of a NAIRU typically involves allowing...
    18 KB (2,282 words) - 12:56, 24 May 2025
  • Thumbnail for Heterodox economics
    methodology such as the historical school, and advocates of unorthodox monetary theories such as social credit. Physical scientists and biologists were the...
    30 KB (2,950 words) - 05:22, 25 May 2025
  • Thumbnail for Stephanie Kelton
    Stephanie Kelton (category Modern monetary theory scholars)
    American heterodox economist and academic, and a leading proponent of modern monetary theory. She served as an advisor to Bernie Sanders's 2016 presidential...
    19 KB (1,788 words) - 18:02, 25 May 2025