Mode Money Theory:A Simple Guide to the Monetary System (Professional Practice in Goveance and Public Organizations)

by: Dirk Ehnts (Author)

Publisher: Springer
Edition:2024th

Publication Date: 6 April 2024

Language: English

Print Length: 138 pages

ISBN-10: 3031535367

ISBN-13: 9783031535369

Book Description

This book explains how central banks, banks and govements create money. Written in an accessible style, this book provides an introduction to mode monetary theory without requiring any prior knowledge of economics. It covers the most important aspects of monetary theory, including inflation targeting, govement spending, and inteational trade, as well as economic policy to achieve macroeconomic goals, such as price stability, full employment and sustainable use of resources. Accordingly, it offers a valuable asset for students of economics, central bankers, banking professionals, and academics alike.

About the Author

Review “I very much enjoyed working with Dirk on a variety of segments of his latest book. It’s one of the very few that is fundamentally grounded in an understanding of monetary operations as practiced by all central banks, which gives the reader a sound basis for the analysis of today’s monetary economies.”–Warren Mosler, inventor of Mode Monetary Theory”Ehnts’ no-nonsense introduction to MMT gets into the most up-to-date consequences of the Covid 19 crisis and govement responses.”–Maren Poitras, director “Finding the Money”“This compact introduction to all aspects of mode monetary theory is an exemplary work of popular science. The author, Dirk Ehnts, is a brilliant communicator, Europe’s answer to Stephanie Kelton, and the book is an accessible and comprehensive guide to the first major challenge to mainstream macroeconomics in 70 years.”–Steven Hail, Torrens University Australia”Offering a rigorous analysis of the monetary system, this book should be on the desk of every public and govement employee.”–Stephanie Kelton, author of “The Deficit Myth” From the Back Cover This book explains how central banks, banks and govements create money. Written in an accessible style, this book provides an introduction to mode monetary theory without requiring any prior knowledge of economics. It covers the most important aspects of monetary theory, including inflation targeting, govement spending, and inteational trade, as well as economic policy to achieve macroeconomic goals, such as price stability, full employment and sustainable use of resources. Accordingly, it offers a valuable asset for students of economics, central bankers, banking professionals, and academics alike.
About the Author
Dirk Ehnts works in Berlin as an economist. After his studies at the Universities of Göttingen and Valencia, he received his PhD on a topic of New Economic Geography at the University of Oldenburg, Germany.

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