In this second issue of the European Journal of Economics and Economic Policies: Intervention (EJEEP), the Papers and Proceedings of the Research Network Macroeconomics and Macroeconomic Policies (FMM), 1 we publish some invited papers which were presented at the 17th FMM conference on 'The...

The paper discusses the merits and risks of heterodox economists using mainstream economic models, and especially dynamic stochastic general equilibrium (DSGE) models, to promote economic policy conclusions usually found in post-Keynesian economic thought such as large fiscal multipliers,...

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...