5min chapter

Macro N Cheese cover image

System Dynamics and the Minsky Model with Tyrone Keynes

Macro N Cheese

CHAPTER

Can Taxes and Bonds Fund Government Spending?

"I'm trying to make the case that there's nothing preventing us from spending as much money as we want. Question is, can we create an economy where the real resources are available?" "Minsky is capable of bridging that gap because we're speaking in accounting numbers," he says. 'We have to accept that we're going to have to somehow generalize things for the general population'

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