{"product_id":"9780994748058","title":"Understanding Government Finance","description":"A government budget is not like a household budget. This report introduces the financial operations used by a central government with a free-floating currency, and explains how they differ from that of a household or corporation. The focus is on the types of constraints such a government faces.\u003cp\u003eThis report introduces a simplified framework for the monetary system, along with the operating procedures that are associated with it. Some of the complications seen in real-world government finance are then added onto this simplified framework.\u003c\/p\u003e\u003cp\u003eThis report also acts as an introduction to some of the concepts used by Modern Monetary Theory, a school of thought within economics. Modern Monetary Theory emphasises the real limits of government action, as opposed to purely theoretical views about fiscal policy.\u003c\/p\u003e","brand":"BondEconomics","offers":[{"title":"Default Title","offer_id":50050711978224,"sku":"9780994748058","price":8.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780994748058_p0.jpg?v=1784739458","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780994748058","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}