There is a considerable amount of “introduction to MMT” material published on the web. I wanted to write something that was technically correct but also short and easy to understand. I’m not an expert in MMT, though I have been spending time since 2017 to understand its mechanics and approach to macro-economic analysis. This blog…
Month: April 2024
Chevan’s Cheat Sheet of Economic Theories
Classical Neoclassical Austrian Marxian Keynesian MMT Starting Point of View Economy is self-regulating Economy is driven by supply and demand Economy is driven by individual actions Economy is driven by class struggle Economy is driven by total spending Economy is driven by public monopoly of currency Starting Point of Analysis Economic growth and freedom Utility…