Should-Read: Wladimir Woytinsky (1952): Lerner’s Economics of Employment: A Review: “The first and most obvious objection-conforming with the idea of Functional Finance as a supplement to the ordinary budget-is… …that, as long as inflationary and deflationary forces are in balance with each other, the government’s revenues must be likewise in balance with outlays. The balanced … Continue reading Should-Read: Wladimir Woytinsky: Lerner’s Economics of Employment: A Review