Statements (18)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:advocatesFor |
using fiscal policy to achieve full employment
using fiscal policy to achieve price stability |
| gptkbp:contrastsWith |
sound finance
|
| gptkbp:emphasizes |
outcomes over budget balancing
|
| gptkbp:focusesOn |
government fiscal policy
|
| gptkbp:hasViewOf |
government debt as a tool, not a burden
|
| https://www.w3.org/2000/01/rdf-schema#label |
Functional finance
|
| gptkbp:influenced |
gptkb:Modern_Monetary_Theory
|
| gptkbp:opposedBy |
balanced budget as a policy goal
|
| gptkbp:originatedIn |
1940s
|
| gptkbp:proposedBy |
gptkb:Abba_P._Lerner
|
| gptkbp:publishedIn |
gptkb:Economica
|
| gptkbp:relatedTo |
gptkb:Keynesian_economics
|
| gptkbp:requires |
government should run surpluses if inflation is high
government should finance deficits if it increases aggregate demand |
| gptkbp:bfsParent |
gptkb:Functional_Finance_and_the_Federal_Debt
|
| gptkbp:bfsLayer |
7
|