2021年10月29日金曜日

生産的政府支出をMMTは否定しているのか?

 


4.1 Productive and Unproductive Expenditure

 

This classification was made by Classical economists on the basis of creation of productive capacity.

Productive Expenditure

 :-Expenditure on infrastructure development, public enterprises or development of agricultureincrease productive capacity in the economy and bring income to the government. Thus they areclassified as productive expenditure.

Unproductive Expenditure

 :-Expenditures in the nature of consumption such as defence, interest payments, expenditure on law and order, public administration, do not create any productive asset which can bring incomeor returns to the government. Such expenses are classified as unproductive expenditure


生産的政府支出はいいと思うけど、それをMMTは否定しているのか? 





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