Thomas Palley's 2015 article in the Review of Political Economy, a peer-reviewed critique arguing Modern Monetary Theory understates the interest-rate and inflation risks of financing government spending through central bank money creation and overstates how cleanly fiscal and monetary policy can be separated in practice.
Facts
Source Typeprimary-text
Sources
Money, Fiscal Policy, and Interest Rates: A Critique of Modern Monetary Theory
Claims Backed By This Source (11 claims)
This source backs 11 claims across the atlas. As facts: 6 well-attested. As cited relationships: 1 connected, 1 critiqued Here, 1 rejected Here. Plus 2 entities citing it as a general reference with no single fact or relationship attached.
Disposition By Topic
- Articles, 7 claims: 4 well-attested, 1 connected, 2 general references.
- Schools of Thought, 2 claims: 1 critiqued Here, 1 rejected Here.
- Sources, 2 claims: 2 well-attested.
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