Spending chains and Sankey diagrams
A simple Sankey diagram shows clearly the relationship between savings and the deficit; and it explains why the NHS is the great engine driving the UK economy.
A simple Sankey diagram shows clearly the relationship between savings and the deficit; and it explains why the NHS is the great engine driving the UK economy.
An exposition of Modern Monetary Theory from a perspective that most people will never have encountered.
Start here if you are looking for an introduction to Modern Monetary Theory.