As tax day approached, St. Francis College Economics Professors launched their first Economics Week with three days of guest speakers and student research. Randall Wray explains some basic principles of Modern Monetary Theory.

Modern Monetary Theory (MMT) is a school of monetary and macroeconomic thought that focuses on the analysis of the monetary and credit system, and in particular on the question of credit creation by the state.

The Bank of England s introduction to money in the modern economy is composed by a video and a paper which work hand in hand In them money is presented as a form of debt issued by someone and spent as credit by someone else Furthermore the three main types …

La teoría monetaria moderna (TMM) es una escuela de pensamiento macroeconómico y monetario centrada en el análisis del sistema monetario y crediticio y, en particular, en la cuestión de la creación de crédito por parte del Estado. Bebe de la tradición poskeynesiana y del chartalismo, que fue elaborada por Georg Friedrich Knapp (Ehnts 2020). La TMM cuestiona tres falsas creencias elementales respecto a la teoría monetaria que surgieron en el periodo neoclásico, y puede así entenderse como una alternativa a la concepción neoclásica del dinero.