MMP Blog #33: Functional Finance and Long Term Growth

Applying a household “budget constraint” to government is obviously inappropriate—households are users of the currency, while government is the issuer. How could economics have become so confused?

Applying a household “budget constraint” to government is obviously inappropriate—households are users of the currency, while government is the issuer. How could economics have become so confused?

This post was originally published on Real Progressives.


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L. Randall Wray | radiofree.asia (2024-05-18T11:06:27+00:00) » MMP Blog #33: Functional Finance and Long Term Growth. Retrieved from https://radiofree.asia/2023/12/27/mmp-blog-33-functional-finance-and-long-term-growth/.
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" » MMP Blog #33: Functional Finance and Long Term Growth." L. Randall Wray | radiofree.asia - Wednesday December 27, 2023, https://radiofree.asia/2023/12/27/mmp-blog-33-functional-finance-and-long-term-growth/
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L. Randall Wray | radiofree.asia Wednesday December 27, 2023 » MMP Blog #33: Functional Finance and Long Term Growth., viewed 2024-05-18T11:06:27+00:00,<https://radiofree.asia/2023/12/27/mmp-blog-33-functional-finance-and-long-term-growth/>
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L. Randall Wray | radiofree.asia - » MMP Blog #33: Functional Finance and Long Term Growth. [Internet]. [Accessed 2024-05-18T11:06:27+00:00]. Available from: https://radiofree.asia/2023/12/27/mmp-blog-33-functional-finance-and-long-term-growth/
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" » MMP Blog #33: Functional Finance and Long Term Growth." L. Randall Wray | radiofree.asia - Accessed 2024-05-18T11:06:27+00:00. https://radiofree.asia/2023/12/27/mmp-blog-33-functional-finance-and-long-term-growth/
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" » MMP Blog #33: Functional Finance and Long Term Growth." L. Randall Wray | radiofree.asia [Online]. Available: https://radiofree.asia/2023/12/27/mmp-blog-33-functional-finance-and-long-term-growth/. [Accessed: 2024-05-18T11:06:27+00:00]
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» MMP Blog #33: Functional Finance and Long Term Growth | L. Randall Wray | radiofree.asia | https://radiofree.asia/2023/12/27/mmp-blog-33-functional-finance-and-long-term-growth/ | 2024-05-18T11:06:27+00:00
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