A signature policy proposal detailed by William Mitchell is the federally funded, locally administered . Mitchell argues that involuntary unemployment is a structural failure caused by a government restricting its net spending.
William Mitchell is an Emeritus Professor of Economics at the University of Newcastle, Australia. He is one of the foundational architects of Modern Monetary Theory (MMT). Alongside economists like L. Randall Wray, Stephanie Kelton, and Martin Watts, Mitchell spent decades dismantling orthodox macroeconomic assumptions. He coined the term "Modern Monetary Theory" and runs a widely read economic blog that analyzes global fiscal policies. 2. Core Themes of the Textbook macroeconomics william mitchell pdf
The expertise of the co-authors gives the textbook its authority: A signature policy proposal detailed by William Mitchell