Dullien, Sebastian; Tober, Silke - In: European Journal of Economics and Economic Policies: … 19 (2022) 2, pp. 227-237
Both monetary Keynesian theory and modern monetary theory (MMT) place money at the center of the analysis and highlight the important economic role of the state in a monetary market economy in which full employment is neither the norm nor the center of gravity. Whereas monetary Keynesian theory...