Summary:
There has been an intense academic and policy debate on what monetary architecture is the most appropriate recently, but many issues are still unresolved. This column looks at the circumstances under which the current system and the sovereign money system yield the same outcomes, the core arguments in favour of the current system, and what advantages a sovereign money architecture might offer.... Vox.euSovereign money: A challenge for scienceHans Gersbach | Professor at CER-ETH - Center of Economic Research at ETH Zurich and CEPR Research Fellow
Topics:
Mike Norman considers the following as important: credit money, endogenous money, sovereign money
This could be interesting, too:
There has been an intense academic and policy debate on what monetary architecture is the most appropriate recently, but many issues are still unresolved. This column looks at the circumstances under which the current system and the sovereign money system yield the same outcomes, the core arguments in favour of the current system, and what advantages a sovereign money architecture might offer.... Vox.euSovereign money: A challenge for scienceHans Gersbach | Professor at CER-ETH - Center of Economic Research at ETH Zurich and CEPR Research Fellow
Topics:
Mike Norman considers the following as important: credit money, endogenous money, sovereign money
This could be interesting, too:
Robert Vienneau writes What Paul Krugman Could Learn From The Post Keynesian Roots Of MMT
Sergio Cesaratto writes Lectures in Monetary Theory and Policy
Robert Vienneau writes David Graeber (1961 – 2020) On Usenet A Long Time Ago
Mike Norman writes Yes, Banks Create Money Out Of Thin Air — Brian Romanchuk
There has been an intense academic and policy debate on what monetary architecture is the most appropriate recently, but many issues are still unresolved. This column looks at the circumstances under which the current system and the sovereign money system yield the same outcomes, the core arguments in favour of the current system, and what advantages a sovereign money architecture might offer....Vox.eu
Sovereign money: A challenge for science
Hans Gersbach | Professor at CER-ETH - Center of Economic Research at ETH Zurich and CEPR Research Fellow