apropos the textbook see the Bloomberg article with nice quote from John Watkins. And
what a glorious picture!
If book sales are any guide, then
Modern Monetary Theory is gaining traction.
The unorthodox doctrine, which says governments have spare capacity to borrow and spend, has won
attention on Wall Street and
enemies (as well as a few friends) in Washington. Now, itís trying to break into academia. And itís off to a good start.