Functional finance is an economic theory proposed by Abba P. Lerner, based on effective demand principles and chartalism. It states that government should...
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chartalism) and the credit theory of money of Alfred Mitchell-Innes, the functional finance proposals of Abba Lerner, Hyman Minsky's views on the banking system...
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AD–AS model (section Functional finance theory)
capital stock Technological progress AD-AS analysis are applied to Functional Finance Theory and/or MMT to study a relationship between inflation rate and...
22 KB (2,853 words) - 10:23, 1 July 2025
In computer science, functional programming is a programming paradigm where programs are constructed by applying and composing functions. It is a declarative...
88 KB (8,682 words) - 09:41, 29 July 2025
Deficit spending (redirect from Deficit Financing)
of Neo-Chartalism, and advocated deficit spending in his theory of functional finance. A contemporary center of Neo-Chartalism is the Kansas City School...
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development marks a shift from using quantum mechanics to gain insight into functional finance, to using quantum systems- quantum computers, to perform those calculations...
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effective demand and chartalism, Lerner developed functional finance, a theory of purposeful financing (and funding) to meet explicit goals, including full...
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employment of the sectoral balance approach developed by Wynne Godley and functional finance developed by Abba Lerner. The thrust of this approach is to maintain...
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due to the interpretation of Keynes by Abba Lerner in his theory of functional finance, and should instead be called "Lernerian" rather than "Keynesian"...
108 KB (13,333 words) - 10:11, 1 August 2025
measures by the way they work or function in the economy we may call Functional Finance. Government should adjust its rates of expenditure and taxation such...
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Commodity money Endogenous money Demurrage currency Fiscal policy Functional finance Global debt History of banking Monetary economics Monetary reform...
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as highways and social security." This is seen as a forerunner of functional finance or neochartalism. Ruml wrote several books and essays, including The...
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and the Caribbean Fiscal policy of the United States Fiscal union Functional finance Monetary policy National fiscal policy response to the late 2000s...
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HappyCow (section Functionality)
HappyCow is a mobile app and website that lists vegan and vegan-friendly restaurants. It also lists farmers markets, health food stores and other businesses...
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Deadly Innocent Frauds of Economic Policy in 2010. Fiat currency Functional finance Demand for money History of money History of macroeconomic thought...
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Edward J. Nell (section Theory of money and finance)
to new policy requirements; it calls for what Abba Lerner called 'Functional Finance', but this approach fell out of favor during the difficult times following...
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Public finance refers to the monetary resources available to governments and also to the study of finance within government and role of the government...
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of speciality within different functional areas (e.g., finance, marketing, and engineering). Some refer to a functional area as a "silo". Besides the heads...
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Press. pp. 437–438. ISBN 0-684-82780-8. The Freedom Budget at 45: Functional Finance and Full Employment. researchgate.net Retrieved on 29 April 2016...
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cross-functional team (XFN), also known as a multidisciplinary team or interdisciplinary team, is a group of people with different functional expertise...
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Austerity (category Public finance)
borrowing, governments can raise taxes to fund public sector activity. Functional finance Fossil fuel subsidies Neoliberalism Planned shrinkage Programme commun...
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example, finance functional managers need to have skills in fundraising and financial analysis. Functional manager vs. project manager Functional managers...
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divided into separate functional groups of traction, engineering, traffic, rolling stock, signalling, materials, personnel, RPF, finance, health and safety...
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Hyman Minsky's ideas on the labour market, as well as chartalism and functional finance. Recent[when?] work in post-Keynesian economics has attempted to provide...
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its user base and functionality. A notable turning point came in late 2017: Google announced a significant overhaul of Google Finance, including the removal...
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Manitoba Finance (French: Finances Manitoba) is the department of finance for the Canadian province of Manitoba. The Minister of Finance (Ministre des...
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methods of economic policy analysis) had promoted a lecture about functional finance at Franklin the year before. In 2014 he became visiting professor...
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Federal Budget, American Bankers Association, 1968; "Fine Tuning" and "Functional Finance" The New Palgrave Dictionary of Economics, 1987; "Saving, Investment...
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planning Demand chain Demand modeling Demand shaping Forecasting Functional finance Inventory control Supply and demand Workforce modeling Kamal, John...
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Rama Cont (section Causal functional calculus)
modelling in finance. His mathematical work focuses on pathwise methods in stochastic analysis and the Functional Ito calculus. In quantitative finance he is...
24 KB (2,041 words) - 05:17, 30 June 2025