Bill Mitchell: The income-expenditure relationship in macroeconomics – graphic treatment

The pain in the sector comes as President Joe Biden’s administration is reportedly considering even tighter restriction on China’s access to high-tech US chip products. According to Bloomberg, the administration is weighing the use of […]

The master-economist must possess a rare combination of gifts …​ He must be mathematician, historian, statesman, philosopher—in some degree. Read here

This is the last in a series of articles by Bill Mitchell concerning Modern Monetary Theory. Here are Part 1 and Part 2 Read here