Romanchuk, Brian
Understanding Government Finance
- ISBN 13:
- 9780994748058
- author:
- Romanchuk, Brian
- format:
- Paperback
- publisher:
- Bondeconomics
- language:
- English
- Publication Year:
- 2016
- Pages:
- 122
- Dimensions:
- 22.9 x 15.2 x 0.7 centimeters (0
- Genre:
- Business, Economics, Macroeconomics,
- Condition:
- New
- Availability:
- Item usually sent within 5 working days
Description
Understanding Government Finance by Brian Romanchuk provides an in-depth look at the financial operations of central governments with free-floating currencies. This report explains how these differ from household or corporate budgets, focusing on the constraints faced by such governments. A simplified framework for the monetary system is introduced, along with the operating procedures associated with it. The book then adds real-world complications to this framework, providing a comprehensive understanding of government finance. Modern Monetary Theory is also explored, highlighting its emphasis on the real limits of government action. This report serves as an introduction to key concepts in Modern Monetary Theory, offering insights into the complexities of government finance and fiscal policy.