by Summary:
Today, I am publishing a special guest post from three authors working in the Modern Monetary Theory (MMT) tradition about inflation in Brazil. They are examining recent claims by Paul Krugman that the Brazilian experience ratifies basic Monetarist theory that links excessive monetary expansion with inflation (and hyperinflation). It turns out that the reality is quite different which is no surprise when it comes to confronting Krugman’s assertions with facts.Daniel Negreiros Conceição is a professor of Public Planning at the Federal University of Rio de Janeiro.Fabiano Dalto is a professor of Economics at the Federal University of Paraná.Caio Vilella is a PhD student of Economics at the Federal University of Rio de Janeiro.Fadhel Kaboub is a associate professor of economics at Denison
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Today, I am publishing a special guest post from three authors working in the Modern Monetary Theory (MMT) tradition about inflation in Brazil. They are examining recent claims by Paul Krugman that the Brazilian experience ratifies basic Monetarist theory that links excessive monetary expansion with inflation (and hyperinflation). It turns out that the reality is quite different which is no surprise when it comes to confronting Krugman’s assertions with facts.Today, I am publishing a special guest post from three authors working in the Modern Monetary Theory (MMT) tradition about inflation in Brazil. They are examining recent claims by Paul Krugman that the Brazilian experience ratifies basic Monetarist theory that links excessive monetary expansion with inflation (and hyperinflation). It turns out that the reality is quite different which is no surprise when it comes to confronting Krugman’s assertions with facts.Daniel Negreiros Conceição is a professor of Public Planning at the Federal University of Rio de Janeiro.Fabiano Dalto is a professor of Economics at the Federal University of Paraná.Caio Vilella is a PhD student of Economics at the Federal University of Rio de Janeiro.Fadhel Kaboub is a associate professor of economics at Denison
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Daniel Negreiros Conceição is a professor of Public Planning at the Federal University of Rio de Janeiro.
Fabiano Dalto is a professor of Economics at the Federal University of Paraná.
Caio Vilella is a PhD student of Economics at the Federal University of Rio de Janeiro.
Fadhel Kaboub is a associate professor of economics at Denison University and president of the Global Institute for Sustainable Prosperity.
Bill Mitchell – billy blog
Krugman’s cockroach views on Brazil and hyperinflation
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia