Thursday , May 2 2024
Home / Tag Archives: unit of account

Tag Archives: unit of account

Steve Roth — “In the Beginning…Was the Unit of Account” – Twelve Myths About Money

Jan Kregel presented a great dinner speech at the recent Modern Monetary Theory Conference, touching on some of the fundamental ways we think about money and economics. (Sorry, no recording or transcript available.) I had a brief conversation with him afterwards, and we followed up with a few emails. The quotation in the title of this post is condensed from the final line of one of his emails — a line that made me laugh out loud: “So I guess we start from that — in the beginning was the...

Read More »