How Long to Read Modern Monetary Theory and Distributive Justice

How Long Does it Take to Read Modern Monetary Theory and Distributive Justice?

It takes the average reader 1 hour and 49 minutes to read Modern Monetary Theory and Distributive Justice by Justin P. Holt

Assuming a reading speed of 250 words per minute. Learn more

Description

Modern Monetary Theory and Distributive Justice shows how the macroeconomic framework called modern money theory (MMT) is relevant to the field of political philosophy called distributive justice. Many of the macroeconomic assumptions of distributive justice are unstated and unexamined. The framework of MMT illuminates these assumptions and provides an alternative vision of distributive justice analysis and prescriptions. In particular, MMT holds that modern money is a nominal state issued token (fiat), there is a distinction between nominal assets and real assets, that state money as a nominal token can cause changes in real terms, and that the macroeconomy has historically not operated at capacity. The upshot of these assumptions held by MMT is that state spending can bring about changes in persons’ well-being without traditional redistributive measures via taxation. This is in contradistinction to standard assumptions in the distributive justice literature, which holds that the macroeconomy is at capacity and, thus, redistribution is the necessary mechanism for enacting improvements in well-being. This is a fundamental shift in how distributive justice can be conceived.

How long is Modern Monetary Theory and Distributive Justice?

Modern Monetary Theory and Distributive Justice by Justin P. Holt is 107 pages long, and a total of 27,499 words.

This makes it 36% the length of the average book. It also has 34% more words than the average book.

How Long Does it Take to Read Modern Monetary Theory and Distributive Justice Aloud?

The average oral reading speed is 183 words per minute. This means it takes 2 hours and 30 minutes to read Modern Monetary Theory and Distributive Justice aloud.

What Reading Level is Modern Monetary Theory and Distributive Justice?

Modern Monetary Theory and Distributive Justice is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Modern Monetary Theory and Distributive Justice?

Modern Monetary Theory and Distributive Justice by Justin P. Holt is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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