This is a list with bibliographic additions to the extensive bibliography, alphabetized and categorized under Academic Sources and the MMT Issue.

For additions contact the editor.

Academic Sources

Andresen, Trond. 2018. On the Dynamics of Money Circulation, Money Creation and Debt. A Control Systems Approach. Academic Dissertation, Norwegian University of Science and Technology, Trondheim.

Currie, Lauchlin. 2004. “The 100 Percent Reserve Plan: August 12, 1938”, Journal of Economic Studies 31/3–4: 355–365.

Daly, Herman. 1980. “The Economic Thought of Frederick Soddy”. History of Political Economy, 12/4: 469–488.

Daly, Herman. 2013. “Nationalize Money, not Banks”. The Daly News, 4 Feb 2013..

Di Muzio, Tim. 2018. The Tragedy of Human Development. A Genealogy of Capital as Power. Rowman & Littlefield International.

Eckrich, Lucille L. T. 2004. “The inefficiency of the “Cult of Efficiency”: Implications for public schooling and education“. Values and Ethics in Educational Administration, 2/4, 1-8.

Friedman, Milton. 1948. “A Monetary and Fiscal Framework for Economic Stability”, American Economic Review, 38/3: 245–264.

Friedman, Milton. 1969. The Optimum Quantity of Money and other Essays. Chicago: Aldine.

Huerta De Soto, Jesús. 2006. “Money, Bank Credit, and Economic Cycles.” Stroup, Melinda A. (Transl.). Auburn, AL: Ludwig von Mises Institute.

Knight, Frank & Cox, Garfield & Director, Aaron & Douglas, Paul & Hart, Albert & Mints, Lloyd & Schultz, Henry & Simons, Henry. 1933. “Memorandum on Banking Reform”, Franklin D. Roosevelt Presidential Library, President’s Personal File 431, March 1933. Also known as the first version of the Chicago Plan. Reproduced in Phillips, Ronnie. 1994. The Chicago Plan & New Deal Banking Reform. Armonk, NY: M.E. Sharpe,191–199.

Ordóñez, Miguel Fernández. 2016. “The Future of Banking: Secure Money and Deregulation of the Financial System“. Speech by former governor of the Banqua Espana, Spain’s central bank.

Prescott, Edward & Wessel, Ryan. 2016. “Monetary Policy with 100 Percent Reserve Banking: An Exploration.” Working Paper 22431, National Bureau of Economic Research, July 2016.

Simons, Henry & Cox, Garfield & Director, Aaron & Douglas, Paul & Hart, Albert & Knight, Frank & Mints, Lloyd & Schultz, Henry. 1933. “Banking and Currency Reform”, Manuscript. Also known as the second version of the Chicago Plan. Reprinted in Samuels, Warren (Ed.). 1990. Research in the History of Economic Thought and Methodology. Archival Supplement, Volume 4. Greenwich, CT: JAI Press.

Soddy, Frederick. 1926. Wealth, Virtual Wealth and Debt: The Solution of the Economic Paradox. London: George Allen & Unwin.

Soddy, Frederick. 1934. The Role of Money: What it should be, contrasted with what it has become. London: George Routledge and Sons.


Chick, Victoria. 2013. “Why don’t Economists understand money?” Presentation at the 2013 Positive Money Conference. London: Positive Money. Video file.


Bell [Kelton], Stephanie. 2000 “Do Taxes and Bonds Finance Government Spending?Journal of Economic Issues, 34/3: 603-620.

Mitchell, Rodger Malcolm. 2018. “The Stunning Differences Between MMT And MS“. Monetary Sovereignty – Mitchell.

Tymoigne, E. and Wray, L.R. 2013. “Modern Money Theory 101: A Reply to Critics”. Working Paper No. 778. Annandale-on-Hudson, NY: Levy Economics Institute of Bard College.

Critiques of MMT

Febrero, Eladio. 2009. “Three Difficulties with Neo-chartalism“. Journal of Post Keynesian Economics, 31/3: 523-541.

Huber, Joseph. 2019a. “Modern Money Theory revisited – still the same false promise“. Sovereign Money, March 2019.

Murphy, Robert P. 2011. “The Upside-Down World of MMT“. Mises Daily Articles, 23 Jan 2019. Ludwig von Mises Institute.

Musgrave, Ralph. 2014. “The Solution is Full Reserve / 100 % Reserve Banking”. MPRA Working Paper No. 57955, 14 Aug 2014.

Palley, Thomas I. 2015. “Money, Fiscal Policy, and Interest Rates: A Critique of Modern Monetary Theory“. Review of Political Economy, 27/1: 1-23. Also published as IMK Working Paper, No. 109, Hans-Böckler-Stiftung, Institut für Makroökonomie und Konjunkturforschung (IMK), Düsseldorf

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