In this paper the main developments in post-Keynesian macroeconomics since the mid- 1990s will be reviewed. For this purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox economics will be reiterated and an overview over the strands...

Modern Monetary Theory (MMT) is part of post-Keynesian economics that summarize the money creation process as "loans create deposits" (banks) and "deposits create reserves" (central bank). MMT is distinguished from other approaches to macroeconomics because it synthesizes several traditions from...

In this paper the main developments in post-Keynesian macroeconomics since the mid-1990s will be reviewed. For this purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox economics will be reiterated and an overview over the strands...