Some people say modern monetary theory says that governments can spend without limit
without ever having to worry about the consequences. That, however, is completely untrue.
It says nothing of the sort. What it says is we can spend until the economy reaches full
employment - which is something completely different.
ABOUT RICHARD MURPHY
Richard Murphy is Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best known book is ‘The Joy of Tax’.
This video was edited by Thomas Murphy.
DONATE TO KEEP THIS CHANNEL ADVERT FREE
ko-fi.com/taxr...
RICHARD MURPHY ON TWITTER
Follow Richard on his Twitter: twitter.com/RichardJMurphy or on his blog: www.taxresearch...
HIT SUBSCRIBE & GET NOTIFICATIONS
Subscribe and get notified of new videos released.
INTRODUCTION: • Welcome to my channel ...
PLAYLISTS:
Accountancy: • Accounting
Economics: • Economics
Tax: • Tax
Taxing Wealth Report: • Taxing Wealth Report 2024
Green New Deal: • Green New Deal
Money: • Money
Questions from subscribers: • Questions
Miscellaneous: • Miscellaneous
#richardmurphy #richardjmurphy #economy #economics #accountancy #accounting #tax #uktax #ukeconomy #greennewdeal
Негізгі бет Does MMT say we can spend without limit?
Пікірлер: 162