According to the IPCC report by the UN Intergovernmental Panel on Climate Change we – and by “we” I mean us as human society – have only 12 years left to prevent global warming from crossing the limit …
Modern Monetary Theory: A European Perspective
This paper explains the basics of MMT and analyzes the current design of the Eurozone from an MMT perspective. It becomes obvious that individual member states of the Eurozone lack monetary …
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How could an international exchange rate regime that fosters economic development on a global scale be designed?
This paper outlines a possible design for an international exchange rate regime that minimizes the shortcomings of the current non-system – from floating to fixed regimes – and expands the policy …