Reviewed by Junaid B. Jahangir - Making money work for us
Modern Monetary Theory (MMT)
The main MMT ideas encapsulated in both Kelton (2020) and Wray (2022) are the same, through the presentation is different. While Kelton (2020) structures her book on dispelling six myths around deficits and their supposed impact, Wray (2022) focuses considerably more on the nature of money before delving into policy issues. This focus on issues pertaining to money was missing in Kelton (2020). Thus, Wray (2022) is an excellent complement to Kelton (2020) to introduce students to MMT, as it adds a grounding on issues pertaining to money to complement the dispelling of deficit myths.
Jahangir, J. B. (2022). Reviewed by Junaid B. Jahangir - Making money work for us. International Journal of Pluralism and Economics Education, 13(3), 321-326. https://www.inderscience.com/info/inarticletoc.php?jcode=ijpee&year=2022&vol=13&issue=3
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