The Real Economic Consequences of Martin Luther

November 9, 2017

Category: Brendan Cook, Chartalism, Europe, History, mainstream, Martin Luther, Modern Monetary Theory, Money, Philosophy, Political economy, Scott Ferguson

By Brendan Cook, Instructor, Department of Humanities & Cultural Studies, University of South Florida, and Scot

J.W. Mason on functional vs. conventional finance

November 1, 2016

Category: Chartalism, David Fields, Deficits, Effective Demand, Fed, Fiscal Policy, Full Employment, Functional Finance, J.W. Mason, Monetary Policy, Public Debt, US Economy

By J.W. Mason, One pole of current debates about U.S. fiscal policy is occupied by the “functional finance” position—t

New Levy Paper by Pavlina R. Tcherneva: Money, Power, and Monetary Regimes

March 8, 2016

Category: Capitalism, Chartalism, Currency, David Fields, Dollarization, Exchange Rates, Finance, Heterodox Economics, History, Institutions, Keynes, Levy, Macroeconomics, Methodology, Modern Monetary Theory, Monetary Policy, Money, Pavlina R. Tcherneva, Political economy, Post-Keynesian, Power, Prices, Research, State Theory, Value Theory

By Pavlina R. Tcherneva From the abstract: Money, in this paper, is defined as a power relationship of a specific kind, a

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