A number of post-Keynesian authors, called the neo-chartalists, have argued that the
government does not face a budget constraint similar to that of households and that …

This book by William Mitchell and Joan Muysken is both important and timely. It deals with
the issue of the abandonment of full employment as an objective of economic policy in the …

An essential introduction to rights-based approaches in social policy, this text critically
explores how social rights underpin human wellbeing. It discusses social rights as rights of …

This paper examines modern monetary theory (MMT). MMT is a restatement of established
Keynesian monetary macroeconomics and so there is nothing new warranting a separate …

Presenting an in-depth overview of the foundations and developments of post-Keynesian
macroeconomics since Kalecki and Keynes, this timely book develops a comprehensive …

Critics of modern monetary theory (MMT) have alleged that its conclusions rely on the
“exorbitant privilege” enjoyed by the US in issuing the global reserve currency, and thus do …

Abstract Are Institutional and post-Keynesian economists converging on a shared approach
to understanding Modern Monetary Theory (MMT)? The literature suggests growing …

The essential claim of Modern Money Theory (MMT) is sovereign currency issuing
governments, with flexible exchange rates and without foreign currency debt, are financially …

The UN World Summit in 2005 and the ECOSOC Ministerial Declaration of 2006 stressed
the need to place productive employment and decent work into economic policy making …

The book studies the trends that led to the worst financial crisis since the Great Depression,
as well as the unfolding of the crisis, in order to provide policy recommendations to improve …