WIP based on Bill mitchell's blogs.
Sectoral balances are relationships among money flows during an accounting period. Where we perceive accumulations of past imbalances to be accrued is another matter....
Clone of MMT Fiscal position
WIP summaries of bill mitchell's blog postings related to the connections between macroeconomics and wellbeing, particularly via unemployment and inflation
Clone of Unemployment and wellbeing
Overview of Part D Ch 17 to 19 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Unemployment and Inflation Theory and Policy
WIP from Ch 8.6 of Mitchell Wray and Watts Textbook see IM-164967 for overview
Mainstream macro fallacies and MMT
WIP Summary of 2020 article Monetary Sovereignty: Nature, Implementation, and Implications by Eric Tymoigne
Eric Tymoigne Monetary Sovereignty
Summary of Ch 24 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Policy in an open economy
Overview of Part F Ch 25 and 26 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Economic Instability
Summary of Ch 15 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
The Aggregate Expenditure Model
Summary of Ch 18 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
The Phillips Curve and Beyond
Overview of Part C Ch 11 to 16 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
National Income Output and Employment Determination
Summary of Ch1 of Mitchell Wray and Watts Textbook see IM-164967 for overview
Clone of Macroeconomics Introduction
Model-SIM from Chapter 3 of Wynn Godley and Marc Lavoie's Monetary Economics, adapted for an open economy. The model is stock-flow consistent with only government money--no bills or bonds. No central bank and interest rates do not change. Government spends buying output from the production sector. The production sector is passive turning over all revenue over to households. Households save out of income and spend partially spend out of wealth. Imports and exports pass through the production sector illustrating the idea that consumer households buy from domestic businesses that which they have imported. The model also tracks the sectoral balance flows and changes in equity. Sectoral flows and equity balances match each other dollar for dollar to satisfy the sectoral balances accounting identity (Household Saving - Consumption) + (Business Saving - Expenditure) + (Taxes - Government Spending) - (Exports - Imports) = 0. Since business investment occurs internally to the Business Sector,
SFC_Model-SIM_open_economy
Summary of Ch 20 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Clone of Introduction to Monetary and Fiscal Policy Operations
Summary of Ch 22 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Fiscal Space and Fiscal Sustainability
Overview of Part D Ch 17 to 19 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Clone of Unemployment and Inflation Theory and Policy
WIP to provide an overarching structure to simplify the previous messy insight aggregate of multiple lower scale elements based on Fadhel's substack blog entries esp BRICS WIP in Gene's brain link
Multipolar World Kaboub
Summary of Ch 18 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Clone of The Phillips Curve and Beyond
Summary of Ch 17 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Clone of Unemployment and Inflation
Overview of Part H Ch 31 to 33 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Contemporary Debates
Summary of Ch 21 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Clone of Fiscal Policy in Sovereign Nations
Summary of Ch 22 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Clone of Fiscal Space and Fiscal Sustainability
Sam Levey diagrams from twitter converted to stock flow cld (Forrester) diagrams
MMT sam Levey diagrams
Summary of Ch 11 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Clone of The Classical System of Employment and Output Determination
Overview of Part G Ch 27 to 30 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
History of Macroeconomic Thought
