Phil Armstrong: MMT & Austrian Economics (part 2)

Part 2: Christian talks to Dr Phil Armstrong about his recent paper: “History and origin of money in MMT and Austrian Economics: The difference methodology makes?”

Part 1: https://www.patreon.com/posts/102761654?pr=true

Full conversation available here: https://www.patreon.com/posts/95846517?pr=true

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Relevant to this episode:

• “History and origin of money in MMT and Austrian Economics: The difference methodology makes?” by Phil Armstrong: http://www.paecon.net/PAEReview/issue105/Armstrong105.pdf
• “Can Heterodox Economics Make a Difference?” by Phil Armstrong: https://www.e-elgar.com/shop/gbp/can-heterodox-economics-make-a-difference-9781800370883.html
• Phil is co-author of “Modern Monetary Theory - Key Insights, Leading Thinkers” - order here: https://www.e-elgar.com/shop/gbp/modern-monetary-theory-9781802208085.html
• Our episode with Richard Tye on the evolution of the BoE “The Bank of England - The Prequel”: https://pileusmmt.libsyn.com/167-richard-tye-the-bank-of-england-the-prequel
• Introduction to ergodicity: https://taylorpearson.me/ergodicity/

For an intro to MMT:

• Our first three episodes: https://www.patreon.com/posts/41742417<