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Clarifying the Concepts of Monetary Sovereignty and Monetary Power: An Institutionalist Perspective

Review of Radical Political Economics

Published online on

Abstract

Review of Radical Political Economics, Ahead of Print.
Heterodox economics literature tends to usemonetary sovereigntyin many ways while confusing it withmonetary power. This institutionalist perspective builds these two concepts and defines monetary sovereignty as the ability of an entity to issue its ...