{"product_id":"making-money-work-for-us-how-mmt-can-save-america-9781509554263","title":"Making Money Work for Us - How MMT Can Save America","description":"\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cblockquote\u003e\n\u003cbr\u003eMoney is not precious and scarce, but a flexible tool that can be used to mobilize collective resources to serve those who need them. According to Modern Money Theory (MMT) advocate Randy Wray, the only real constraints on public policy are physical resources, technological capacity, and political will, and taxes do not fund spending. This book proposes that MMT can become a new American political and economic orthodoxy, replacing the dominant conservative framework forever. \u003c\/blockquote\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eFormat\u003c\/strong\u003e: Paperback \/ softback\u003cbr\u003e\u003cstrong\u003eLength\u003c\/strong\u003e: 224 pages\u003cbr\u003e\u003cstrong\u003ePublication date\u003c\/strong\u003e: 23 September 2022\u003cbr\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e: Polity Press\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cbr\u003eMoney, a vital resource, holds significant value and scarcity, necessitating robust fiscal discipline. The government must maintain a balanced budget or face the risk of financial ruin. However, is money merely a rigid tool limited to financial management, or can it be a flexible instrument capable of mobilizing collective resources to serve those in need?\u003cbr\u003e\u003cbr\u003eIn his groundbreaking book, \"Modern Money Theory (MMT),\" renowned MMT advocate Randy Wray challenges the conventional belief that money is a constraint on public policy. Wray argues that the only real limitations on public policy are physical resources, technological capacity, and political will. Contrary to popular belief, taxes do not fund spending; rather, modern sovereign governments spend by keystroking money into bank accounts.\u003cbr\u003e\u003cbr\u003eBy recognizing this fundamental truth and reorienting our perspective on money and debt, we have the potential to unlock the full wealth of our nation. We can utilize money to create jobs, eradicate unemployment, and prioritize the well-being of our citizens. The United States, in particular, can harness the power of money to work for its benefit, fostering economic growth and prosperity.\u003cbr\u003e\u003cbr\u003eThis book offers a compelling account of how MMT can become a new American political and economic orthodoxy, permanently replacing the dominant conservative framework. It is a must-read for all progressives who seek to create a more equitable and sustainable society.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eWeight\u003c\/strong\u003e: 250g\u003cbr\u003e\u003cstrong\u003eDimension\u003c\/strong\u003e: 139 x 214 x 18 (mm)\u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9781509554263\u003c\/p\u003e","brand":"R Wray","offers":[{"title":"Paperback \/ softback","offer_id":44106105028858,"sku":"9781509554263","price":13.71,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/4297\/2845\/products\/1663945656876_book.jpg?v=1664015267","url":"https:\/\/shulphink.com\/products\/making-money-work-for-us-how-mmt-can-save-america-9781509554263","provider":"Shulph Ink","version":"1.0","type":"link"}