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China’s politicians emphasize that they are building a Socialist market economy (社会主义市场经济) based on the ideology of Socialism with Chinese characteristics (中国特别社会主义). Unlike other post-communist transitions to capitalism, China’s radical economic...
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In this paper we analyse the economic part of a text of the French Communist Party (PCF) on the principles of the policies of the PCF. In particular we discuss how economists can use orthodox economic theory to evaluate the principles of communist economic policy. Although the text is quite old...
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Chapter 1. Introduction -- Chapter 2. The Biden Administration and the Copernican Turn -- Chapter 3. The paper currency of Virginia (1760s) and its lessons -- Chapter 4. Modern Money Theory as Part of Economics -- Chapter 5. What is economic policy? -- Chapter 6. Economic policies based on MMT...
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