Modern Money: Theory and Practice

New School for Social Research: Economics

Liberal Arts

Graduate Course

Majors Only

Modern Money: Theory&Practice

Spring 2019

Taught By: Stephanie Kelton

Section: A

CRN: 6977

Credits: 3

This course provides a rigorous introduction to Modern Monetary Theory (MMT). A burgeoning school of thought within economics, MMT is built on an interdisciplinary foundation. In addition to incorporating and advancing important theoretical and empirical work within the field of economics, MMT draws upon contributions from history, anthropology, law, sociology, political science, accounting, and more. The course begins with an introduction to the Chartalist approach to money and then moves to an analysis of the financial system and the economy. Substantial emphasis will be placed on the role of endogenous money and central bank operations. We will evaluate competing frameworks for stabilization policy, including fiscal sustainability policy. The course will also cover critiques of MMT and the place of MMT in the contemporary public policy debates.

College: New School for Social Research (GF)

Department: Economics (GECO)

Campus: New York City (GV)

Course Format: Seminar (R)

Max Enrollment: 18

Enrollment Status: Open*

*Enrollment status information is updated every five minutes. The status of this course may have changed since the last update. Open seats may have restrictions that will prevent some students from registering. Updated: 6:51pm 5/24/2019

Meeting Info:

Days: Monday

Times: 1:50pm - 3:40pm

Building: 6 East 16th Street

Room: 1101

Date Range: 1/28/2019 - 5/13/2019