Endogenous Money,Fiscal Policy,Interest Rates and the Exchange Rate Regime: Correction |
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Authors: | John Smithin |
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Affiliation: | Department of Economics and the Schulich School of Business, York University, Toronto, Canada |
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Abstract: | This note suggests two corrections that might usefully be made to the analysis in an earlier article with the same title. The corrections have no direct bearing on the original argument (which had to do with disputes about modern money theory, or MMT) but do seem important for the future development of an alternative monetary theory. |
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Keywords: | Endogenous money fiscal policy inflation interest rates instability |
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