هزار طردشده: اصول اقتصاد

A renegade band of Modern Monetary Theorists has overturned mainstream economics in part by emphasizing that there is not one, but __two__ systems of modern money, the “vertical” and the “horizontal.” They conclusively demonstrate how unifying our understanding of these is crucial for grasping modern economics. **__“the key to understanding Modern Monetary Theory is this vertical-horizontal relationship”__** (__Warren Mosler)__ __1000 Castaways__ develops Mosler's statement into a concise, book-length treatment that is accessible to all readers, starting from first principles and, step-by-step, leading the reader up to the complexities of the real world. Our one thousand castaways develop, before our eyes, a “perfect” economy, and demonstrate how the horizontal and vertical systems of money naturally emerge from even more fundamental organizational needs of a large society. __1000 Castaways__ then contrasts the Island's “economics” with real-world "economics," in an enlightening illustration of the last few steps in our common economic understanding that we must take in order to run our modern economies in a way that maximizes wellbeing.