Tag Archives: sectoral balance approach

There is a lot of talk about how MMT would lack a “model”. Some commentators on Twitter even claim that MMT would have “no model” and that they just created one themselves. Others believe that stock-flow consistent (SFC) models are basically SFC models. All of that is not quite right! I think that the only model that can really claim to be a “MMT model” is the one I published in a peer-reviewed journal in 2014. The article in the International Journal of Pluralism and Economics Education...

China moving toward fiscal austerity?Seeking AlphaChina Sectoral Flow Investment Assessment Alan Longbon

Everyone knows governments need to tax before they can spend. What Modern Monetary Theory presupposes is, maybe they don't. Surprisingly decent article on MMT considering the dismissive headline. Covers most of the bases.ViceThe Radical Left-Wing Theory That the Government Has Unlimited Money Tom Streithorstht Ralph Musgrave