Summary:
Of course, currency sovereigns are self-funding so they don't need to cut other programs for funding purposes. However, currency sovereigns are constrained by the availability of real resources. In this case, choices must be made based on priorities with respect to real resource allocation.WHAT THE WORLD WANTS AND HOW TO PAY FOR IT USING MILITARY EXPENDITURES
Topics:
Mike Norman considers the following as important: GND Green New Deal, military appropriations, MMT, real resource constraint
This could be interesting, too:
Of course, currency sovereigns are self-funding so they don't need to cut other programs for funding purposes. However, currency sovereigns are constrained by the availability of real resources. In this case, choices must be made based on priorities with respect to real resource allocation.WHAT THE WORLD WANTS AND HOW TO PAY FOR IT USING MILITARY EXPENDITURES
Topics:
Mike Norman considers the following as important: GND Green New Deal, military appropriations, MMT, real resource constraint
This could be interesting, too:
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
Michael Hudson writes International Trade and MMT with Keen, Hudson
Of course, currency sovereigns are self-funding so they don't need to cut other programs for funding purposes. However, currency sovereigns are constrained by the availability of real resources. In this case, choices must be made based on priorities with respect to real resource allocation.
WHAT THE WORLD WANTS AND HOW TO PAY FOR IT USING MILITARY EXPENDITURES