Principles of functional finance
GPTKB entity
Statements (16)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:advocatesFor |
government spending to achieve full employment
taxation to control inflation |
gptkbp:contrastsWith |
sound finance
|
gptkbp:focusesOn |
government fiscal policy
|
gptkbp:formedBy |
gptkb:Abba_P._Lerner
|
https://www.w3.org/2000/01/rdf-schema#label |
Principles of functional finance
|
gptkbp:influenced |
gptkb:Modern_Monetary_Theory
|
gptkbp:publishedBy |
gptkb:Abba_P._Lerner
|
gptkbp:publishedIn |
1943
|
gptkbp:relatedTo |
functional finance
|
gptkbp:state |
government should run surpluses if there is inflation
government should finance deficits if it increases employment without causing inflation government budget should be used as a tool for economic stability |
gptkbp:bfsParent |
gptkb:Functional_Finance_and_the_Federal_Debt
|
gptkbp:bfsLayer |
7
|