10min chapter

Macro Musings with David Beckworth cover image

George Selgin on Fed Master Accounts, Central Bank Independence, and the Fed’s Balance Sheet

Macro Musings with David Beckworth

CHAPTER

Debates on Modern Monetary Theory and Nominal GDP Targeting

The chapter explores the debates surrounding Modern Monetary Theory, fiscal policy, and the role of taxes in funding government expenses. It also delves into the historical perspectives on nominal GDP targeting and the gradual acceptance of this concept within the post-Keynesian school of thought.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode