The (Semantic) Problem with MMT: An Exercise in Framing | | New Economic PerspectivesNew Economic Perspectives
Posted by WARREN MOSLER on 29th May 2012
Posted in Deficit, Government Spending | 54 Comments »
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St Croix, United States Virgin Islands
MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.-
MMT: Taxes function to regulate aggregate demand, and not to raise revenue per se.
Warren’s Book:
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"The most important book ever written" -Elizabeth O'ToolRecent Posts
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The funds to pay taxes and buy government securities come from government spending.
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