{"title":"The unexpected victory of modern monetary theory and its consequences","authors":"Dirk Ehnts","doi":"10.1504/IJPEE.2020.116228","DOIUrl":null,"url":null,"abstract":"Mainstream economics, it has turned out, has been wrong about public deficits, public debt and fiscal policy in general. Modern monetary theory has proven to be reliable and should replace the ideas that have failed in the pandemic.","PeriodicalId":52200,"journal":{"name":"International Journal of Pluralism and Economics Education","volume":"1 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Pluralism and Economics Education","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1504/IJPEE.2020.116228","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 1
Abstract
Mainstream economics, it has turned out, has been wrong about public deficits, public debt and fiscal policy in general. Modern monetary theory has proven to be reliable and should replace the ideas that have failed in the pandemic.
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