Bill addresses many issues in this post that MMT economists don't ordinarily focus on like capital markets, capital flows, capital flight, capital controls, and exchange rate depreciation. Since most progressives don't understand the background and dynamics they generally get sucked into commonly deployed neoliberal traps. Bill shows how they don't need to.Bill Mitchell – billy blogPrime Minister Corbyn should have no fears from global capital marketsBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
Topics:
Mike Norman considers the following as important: capital controls, capital flight, capital flows, capital markets, currency sovereignty, economics and policy, economics and politics, exchange rate depreciation, MMT
This could be interesting, too:
Matias Vernengo writes Very brief note on the Brazilian real and the fiscal package
Mike Norman writes Jared Bernstein, total idiot. You have to see this to believe it.
Steve Roth writes MMT and the Wealth of Nations, Revisited
Matias Vernengo writes On central bank independence, and Brazilian monetary policy
Bill Mitchell – billy blog
Prime Minister Corbyn should have no fears from global capital markets
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia