Advanced search
Publication Cover
International Review of Applied Economics Volume 33, 2019 - Issue 2
Submit an article Journal homepage
1,445
Views
5
CrossRef citations to date
0
Altmetric
Original Articles

Keynes’s view of deficits and functional finance: a Modern Monetary Theory perspective

Phil ArmstrongEconomics/Research and Development, The University of Southampton Solent, Southampton, UK;Engineering Division, York College, York, UKCorrespondence[email protected]
Pages 241-253 | Published online: 21 May 2018

References

  • Armstrong, P. 2015. “Heterodox Views of Money and Modern Monetary Theory.” http://moslereconomics.com/wp-content/uploads/2007/12/Money-and-MMT.pdf.
  • Aspromourgos, T. 2014. “Keynes, Lerner and the Question of Public Debt.” History of Political Economy 46: 3.
  • Ball and Mankiw, G. 1995. “What Budget Deficits Do.” http://scholar.harvard.edu/mankiw/files/whatdobudgetdeficitsdo.pdf.
  • Colander, D. 1984. “Was Keynes a Keynesian or a Lernerian?” Journal of Economic Literature 22 4 ( Dec., 1984): 1572–1575.
  • Davidson, P. 2009. The Keynes Solution . New York : Palgrave Macmillan.
  • Domar, E. D. 1957. “The Burden of the Debt and the National Income.” In Essays in the Theory of Economic Growth , 35–69. New York : Oxford University Press.
  • Harcourt, G. C. 2013. “The ABC of G and T.” The Economic and Labour Relations Review 24 (3): 456–457.10.1177/1035304613497440
  • Keynes, J. M. 1936. The General Theory of Money, Interest and Employment . New York : Harcourt and Brace.
  • Keynes, J. M. 2013. Collected Writings Volume XXVII, Activities 1940–1946: Shaping the Post-War World, Employment and Commodities . Cambridge: Cambridge University Press.
  • Lerner, A. P. 1943. “Functional Finance and the Federal Debt.” Social Research 10: 38–51.
  • Lerner, A. P. 1944. The Economics of Control . New York : Macmillan.
  • Mellor, M. 2015. Debt or Democracy, Public Money for Sustainability and Social Justice . London: Pluto Press.10.2307/j.ctt18gzdmr
  • Mitchell, W. 2015. “Reframing the Debate: Economics for a Progressive Politics.” http://bilbo.economicoutlook.net/blog/?p=31725.
  • Mosler, W. 2012. Soft Currency Economics II . US Virgin Islands: Valance.
  • Mosler, W. and Silipo, D. 2016. “Maximising Price Stability in a Monetary Economy.” Levy Economics Institute , Working Paper No. 864, April.
  • Skidelsy, R. 2002. John Maynard Keynes Volume 3; Fighting for Britain . Harmondsworth: Penguin.
  • Wray, L. R. 1990. Money and Credit in Capitalist Economies . Aldershot: Edward Elgar.
  • Wray, L. R. 1998. Understanding Modern Money . Cheltenham: Edward Elgar.
  • Wray, L. R. 2007. “Endogenous Money: Structuralist and Horizontalist.” Levy Economics Institute , Working Party Paper no. 512, September.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.