#64 John T Harvey: Exchange Rate Theory - Is It As Horrifically Boring As It Sounds? (presentation)
The MMT Podcast with Patricia Pino & Christian Reilly
00:00
Navigating Exchange Rate Theories
This chapter humorously sets the stage for a presentation on exchange rate theory, blending personal anecdotes with economic insights. It critiques neoclassical economics by exploring its limitations in explaining real-world currency fluctuations and the significant impacts of exchange rate volatility on vulnerable populations. The discussion culminates in a reflection on the need for new economic paradigms and the excitement surrounding potential shifts in understanding exchange rates.
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