Warren Mosler on MMT, CBDC, bitcoin, bonds, interest rates, inflation, taxes and unemployment. | ทฤษฎี องค์การ สมัยใหม่ modern organization theory

Warren Mosler on MMT, CBDC, bitcoin, bonds, interest rates, inflation, taxes and unemployment.

นอกจากการดูบทความนี้แล้ว คุณยังสามารถดูข้อมูลที่เป็นประโยชน์อื่นๆ อีกมากมายที่เราให้ไว้ที่นี่: ดูความรู้เพิ่มเติมที่นี่

MMT founding father, Warren Mosler, explains Modern Monetary Theory (MMT). He says it’s about sequence. Governments don’t need to borrow or tax before they spend, if they issue their own currency. The economy needs the government money, not the other way around. Most politicians don’t understand how the monetary system works, also for example the way how banks create money.
MMT provides policy tools for governments to reach their objectives. For most governments that would be full employment and low inflation. Central banks have no real tools to do that. They have the interest rate backwards. According to Warren, higher rates will lead to higher inflation.
The central bank and treasury might as well merge but there are some organisational issues with that. But it would indeed make the system simpler.
In Warren’s base case scenario we wouldn’t need government bonds anymore, but for practical purposes he would for now stick to 3 months bills only. Also interest rates should be fixed at 0 forever.
The Fed is in private hands, but that doesn’t really matter says Warren. But transferring it to the government would be easy.
Warren says higher interest rates will only lead to higher inflation in hard money systems, not in floating rate regimes. The gentlemen discuss and disagree on how asset price inflation comes about.
Central Bank Digital Currencies (CBDC) are there primarily to tax people more Warren thinks, for example to get more VAT in the eurozone. He doesn’t expect banks to suffer funding problems should CBDC be introduced.
Warren would completely overhaul the banking industry so it would be much more like narrow banking, and banks would behave more like public institutions.
The gentlemen discuss the government as employer of last resort, which is an important part of MMT. Warren explains how that derives from the money story and how government is responsible for creating and hencing solving unemployment.
They talk about whether a soft currency contributes to more wars. And how the euro was created to prevent wars.
How ‘modern’ is MMT given the proliferation of nonState cryptocurrencies? The gentlemen discuss the different options available for a government to fund itself. Warren states that the government can best be provisioned issuing its own currency.
You can find Warren and Paul on Twitter:
https://twitter.com/wbmosler
https://twitter.com/paulbuitink
Warren’s website:
http://moslereconomics.com/

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Warren Mosler on MMT, CBDC, bitcoin, bonds, interest rates, inflation, taxes and unemployment.

1.3.6 Management Foundation – Modern Organization Theory

Management Foundation Modern Organization Theory

1.3.6 Management Foundation - Modern Organization Theory

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What is SOCIAL ENTREPRENEURSHIP? What does SOCIAL ENTREPRENEURSHIP mean?

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What is SOCIAL ENTREPRENEURSHIP? What does SOCIAL ENTREPRENEURSHIP mean? SOCIAL ENTREPRENEURSHIP meaning SOCIAL ENTREPRENEURSHIP definition SOCIAL ENTREPRENEURSHIP explanation.
Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/bysa/3.0/ license.
Social entrepreneurship is the use of the techniques by start up companies and other entrepreneurs to develop, fund and implement solutions to social, cultural, or environmental issues. This concept may be applied to a variety of organizations with different sizes, aims, and beliefs. Forprofit entrepreneurs typically measure performance using business metrics like profit, revenues and increases in stock prices, but social entrepreneurs are either nonprofits or blend forprofit goals with generating a positive \”return to society\”. and therefore must use different metrics. Social entrepreneurship typically attempts to further broad social, cultural, and environmental goals often associated with the voluntary sector in areas such as poverty alleviation, health care and community development.
At times, profitmaking social enterprises may be established to support the social or cultural goals of the organization but not as an end in itself. For example, an organization that aims to provide housing and employment to the homeless may operate a restaurant, both to raise money and to provide employment for the homeless.
In the 2010s, social entrepreneurship is facilitated by the use of the Internet, particularly social networking and social media websites. These websites enable social entrepreneurs to reach a large number of people who are not geographically close yet who share the same goals and encourage them to collaborate online, learn about the issues, disseminate information about the group’s events and activities, and raise funds through crowdfunding.
In the 2000s, scholars and practitioners have debated which individuals or organizations can be considered to be social entrepreneurs. Thus far, there has been no firm consensus on the definition of social entrepreneurship, as so many different fields, disciplines and organization types are associated with social entrepreneurship, ranging from forprofit businesses to hybrid models combining charitable work with business activities, to nonprofit charities, voluntary sector organizations and nongovernmental organizations. Philanthropists, social activists, environmentalists, and other sociallyoriented practitioners are often referred to as social entrepreneurs. Social entrepreneurs can include a range of career types and professional backgrounds, ranging from social work and community development to entrepreneurship and environmental science. For this reason, it is difficult to determine who is a social entrepreneur. David Bornstein has even used the term \”social innovator\” interchangeably with social entrepreneur, due to the creative, nontraditional strategies that many social entrepreneurs use. For a clearer definition of what social entrepreneurship entails, it is necessary to set the function of social entrepreneurship apart from other voluntary sector and charityoriented activities and identify the boundaries within which social entrepreneurs operate. Some scholars have advocated restricting the term to founders of organizations that primarily rely on earned income (meaning income earned directly from paying consumers), rather than income from donations or grants. Others have extended this to include contracted work for public authorities, while still others include grants and donations.
Social entrepreneurship in modern society offers an altruistic form of entrepreneurship that focuses on the benefits that society may reap. Simply put, entrepreneurship becomes a social endeavor when it transforms social capital in a way that affects society positively. It is viewed as advantageous because the success of social entrepreneurship depends on many factors related to social impact that traditional corporate businesses do not prioritize. Social entrepreneurs recognize immediate social problems, but also seek to understand the broader context of an issue that crosses disciplines, fields, and theories.

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What is SOCIAL ENTREPRENEURSHIP? What does SOCIAL ENTREPRENEURSHIP mean?

นอกจากการดูหัวข้อนี้แล้ว คุณยังสามารถเข้าถึงบทวิจารณ์ดีๆ อื่นๆ อีกมากมายได้ที่นี่: ดูบทความเพิ่มเติมในหมวดหมู่tin tức tổng hợp tại đây

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