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Mentioned in 1 episodes
The 7 Deadly Innocent Frauds of Economic Policy
Book • 2010
In '7 Deadly Innocent Frauds of Economic Policy,' Warren Mosler critiques mainstream economic thinking and presents a modern monetary theory (MMT) framework for understanding government finance.
He argues that many commonly held beliefs about government deficits, debt, and taxation are based on flawed assumptions.
Mosler contends that governments that issue their own currency are not constrained by revenue and can use fiscal policy to achieve full employment and price stability.
The book provides a non-technical introduction to MMT and challenges readers to rethink their understanding of economics.
He argues that many commonly held beliefs about government deficits, debt, and taxation are based on flawed assumptions.
Mosler contends that governments that issue their own currency are not constrained by revenue and can use fiscal policy to achieve full employment and price stability.
The book provides a non-technical introduction to MMT and challenges readers to rethink their understanding of economics.
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Mentioned in 1 episodes
Mentioned in the episode as a short, non-technical, free ebook explaining MMT.

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