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  <titleInfo>
    <title>Modern Money Theory</title>
    <subTitle>A Simple Guide to the Monetary System</subTitle>
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  <name type="personal">
    <namePart>Ehnts, Dirk.</namePart>
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    <dateIssued encoding="marc">2024</dateIssued>
    <edition>1st ed. 2024.</edition>
    <issuance>monographic</issuance>
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  <language>
    <languageTerm authority="iso639-2b" type="code">eng</languageTerm>
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  <physicalDescription>
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    <extent>VIII, 130 p. 22 illus. online resource.</extent>
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  <abstract>This book explains how central banks, banks and governments create money. Written in an accessible style, this book provides an introduction to modern monetary theory without requiring any prior knowledge of economics. It covers the most important aspects of monetary theory, including inflation targeting, government spending, and international trade, as well as economic policy to achieve macroeconomic goals, such as price stability, full employment and sustainable use of resources. Accordingly, it offers a valuable asset for students of economics, central bankers, banking professionals, and academics alike.</abstract>
  <tableOfContents>Chapter 1. Introduction -- Chapter 2. The Biden Administration and the Copernican Turn -- Chapter 3. The paper currency of Virginia (1760s) and its lessons -- Chapter 4. Modern Money Theory as Part of Economics -- Chapter 5. What is economic policy? -- Chapter 6. Economic policies based on MMT -- Chapter 7. Outlook.</tableOfContents>
  <note type="statement of responsibility">by Dirk Ehnts.</note>
  <subject authority="lcsh">
    <topic>Macroeconomics</topic>
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  <subject authority="lcsh">
    <topic>Finance</topic>
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  <subject authority="lcsh">
    <topic>Economics</topic>
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  <subject>
    <topic>Macroeconomics and Monetary Economics</topic>
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  <subject>
    <topic>Financial Economics</topic>
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  <subject>
    <topic>Political Economy and Economic Systems</topic>
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  <classification authority="lcc">HB172.5</classification>
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  <identifier type="isbn">9783031535376</identifier>
  <identifier type="uri">https://doi.org/10.1007/978-3-031-53537-6</identifier>
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