For some of you this post may seem superfluous and that is fine. For those of you that have an interest in Modern Monetary Theory (MMT) and have zero background knowledge in economics I recommend starting at the link above that says Index. As noted in the About link, it is mostly a deconstruction of Bill Mitchell’s work into what I believe to be more manageable pieces. There are only two significant categories, LayPerson and Economics – the Economics category is the more advanced post. You should have little trouble following the category Economics if you read the blog posts in sequence. Admittedly, you may have to read some posts twice to understand them fully.
For the people that have had some economics training or some form of economics background, I recommend placing your mouse cursor over the Resources link above and selecting MMT for Economists from the drop down lists. I give you fair warning though many of the propositions you hold to be true will be challenged along the way, the very foundation of your economic thinking may be challenged.
The FAQs or Frequently Asked Questions are still very much a work in progress and you are welcome to add your own. Other things you might like to see are Audio Visuals listed on the Video tab and the drop-down section Fiscal Sustainability Teach-In. Yes they are two distinct links. The latter are individual videos whilst the former are playlists you might like to view and review.
The Resources and Other tab also provide links to written pieces on Modern Monetary Mechanics often called Modern Monetary Theory but it is only a theory in its recommendations or prescriptions, not the description of how modern money works today. And of course there are a few links to check out under Links in the right side-bar towards the bottom of the page.
Feel free to comment on making changes to the above so it can be more easily understood.
