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Articles

A note on the sustainability of full employment in the presence of budget deficits

Pages 79-89 | Received 18 May 2015, Accepted 24 Sep 2015, Published online: 27 Nov 2015

References

  • Domar, E. D. 1944. ‘The ‘Burden of the Debt’ and the National Income.’ American Economic Review 34 (4): 798–827.
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  • Palley, T. I. 2015b. ‘The Critics of Modern Monetary Theory (MMT) are Right.’ Review of Political Economy 27 (1): 45–61. doi: 10.1080/09538259.2014.957473
  • Pasinetti, L. L. 1997. ‘The Social ‘Burden’ of High Interest Rates.’ In Capital Controversy, Post-Keynesian Economics and the History of Economics, edited by P. Arestis, G. Palma, and M. Sawyer. London and New York: Routledge.
  • Sardoni, C. 2011. ‘An Alternative Approach to the Problem of Public Debt.’ In Stabilising an Unequal Economy?, edited by T. Niechoj, Ö. Onaran, E. Stockhammer, A. Trueger, and T. van Treeck. Marburg: Metropolis-Verlag.
  • Tymoigne, E., and L. R. Wray. 2015. ‘Modern Monetary Theory: A Reply to Palley.’ Review of Political Economy 27 (1): 24–44. doi: 10.1080/09538259.2014.957471

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