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Lauren Lyster Learns MMT: Kelton On Capital Account TV Show

Here is a must watch video: http://www.youtube.com/watch?v=Yiw8Lyw1XGc

My colleague Stephanie Kelton. She hits that MMT ball right out of the park. This is the lesson you need.

Another link related to this topic, Edward Harrison explains national accounting:

http://www.creditwritedowns.com/2012/05/why-cant-people-understand-national-accounting.html
Enjoy.

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Thomas Grennes is a professor of economics at the North Carolina State University and a former visiting faculty member at the Stockholm School of Economics in Riga. His research has dealt with various aspects of international economics, including open economy macroeconomics, international finance, and international trade in agricultural products. Recent research topics have included macroeconomic aspects of the Great Moderation, offshore outsourcing, sovereign wealth funds, and the relationship between government debt and economic growth. Earlier work dealt with emerging market issues in the Baltic countries and Russia and trade and macro policies in Sub-Saharan Africa. Economic history topics include the Columbian Exchange of plants and animals, the effects on food markets of introducing mechanical refrigeration, and the integration of Tsarist Russia into the world grain market. When he is not involved in economics, he enjoys mountain hiking.

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