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A Skeptic's Guide to Modern Monetary Theory / N. Gregory Mankiw.
- Format:
- Book
- Author/Creator:
- Mankiw, N. Gregory.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w26650.
- NBER working paper series no. w26650
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2020.
- Summary:
- This essay discusses a new approach to macroeconomics called modern monetary theory (MMT). It identifies the key differences between MMT and the approach found in mainstream textbooks. It concludes that while MMT contains some kernels of truth, its most novel policy prescriptions do not follow cogently from its premises.
- Notes:
- Print version record
- January 2020.
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