A main thesis of modern monetary theory (MMT) is that fiscal deficits are not a problem. On the contrary, they create financial assets for the private sector (in a closed economy, a public sector...
Arkadiusz Sieroń
Arkadiusz Sieroń (sieron.arkadiusz@gmail.com) is assistant professor of economics at the Institute of Economic Sciences at the University of Wroclaw, Poland.
Latest work
Abstract: Book (2019) claims that Austrian economists attach too much weight to Cantillon’s discussion of monetary redistribution, while Sumner (2012a, 2012b, 2012c) argues that it makes very little...
Humanity has been asking what is happiness and how to achieve it since the dawn of time, but still without a definitive resolution. The divergence of views on this subject is enormous, although it may...