Modern Monetary Theory (MMT) is part of post-Keynesian economics that summarize the money creation process as "loans … macroeconomics because it synthesizes several traditions from heterodox economics focusing on describing monetary and fiscal … economics system is to be based on MMT. …

-117 -- Barro, R. (2009) 'Government Spending is No Free Lunch: Now the Democrats are Peddling Voodoo Economics', Wall Street … -- Buchanan (2008) 'Public Debt', in S. Durlauf and L. Blume (eds), New Palgrave Dictionary of Economics, 2nd Edition, Vol. 6., pp …. 727-31 -- Callinicos, A. (2012) 'Contradictions of Austerity', Cambridge Journal of Economics, 36 (1): 65-77 -- Clark, P …

any signs for a crisis of economics. After a short period of public, political and self-criticism of economics and … distinct economists the dominant crisis narratives brought forward in economic, public and political discourses ignore the role …-making processes is dominant among political and societal influential economists in the post WW II-German-speaking area, persists …