TY - BOOK AU - Ehnts,Dirk ED - SpringerLink (Online service) TI - Modern Money Theory: A Simple Guide to the Monetary System T2 - Professional Practice in Governance and Public Organizations, SN - 9783031535376 AV - HB172.5 PY - 2024/// CY - Cham PB - Springer Nature Switzerland, Imprint: Springer KW - Macroeconomics KW - Finance KW - Economics KW - Macroeconomics and Monetary Economics KW - Financial Economics KW - Political Economy and Economic Systems N1 - 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 N2 - 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 UR - https://doi.org/10.1007/978-3-031-53537-6 ER -