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Paperback Reinventing Functional Finance: Transformational Growth and Full Employment Book

ISBN: 1845422201

ISBN13: 9781845422202

Reinventing Functional Finance: Transformational Growth and Full Employment

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Format: Paperback

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Book Overview

This ambitious book seeks both to revive and revise the idea of 'functional finance'. Followers of this doctrine believe that government budgets should concentrate solely on their macroeconomic impact on the economy, rather than reflecting a concern for sound finance and budgetary discipline. Reinventing Functional Finance examines the origins of this idea and then considers it in a modern context. The authors explore the concept of NAIRU and argue...

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