Arbeitspapier
Functional Finance and Full Employment: Lessons from Lerner for Today
Recent global economic developments invite a reconsideration of orthodox macroeconomic theory and policy and encourage a revisiting of the ideas of unorthodox thinkers of the past. This paper reviews fifteen lessons to be learned from the work of Abba Lerner. These lessons, which fall under the general categories of functional finance and full employment, are as relevant today as they were when they were first put forward some five decades ago. They include insights into the workings of the macro economy that provide a basis for analyzing current macroeconomic developments and for formulating effective macroeconomic policies.
- Language
-
Englisch
- Bibliographic citation
-
Series: Working Paper ; No. 272
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Forstater, Mathew
- Event
-
Veröffentlichung
- (who)
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Levy Economics Institute of Bard College
- (where)
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Annandale-on-Hudson, NY
- (when)
-
1999
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Forstater, Mathew
- Levy Economics Institute of Bard College
Time of origin
- 1999
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