Macroeconomics by William Mitchell, L. Randall Wray, and Martin Watts (2019) is widely regarded as the first comprehensive textbook to build a macroeconomic model from the ground up using Modern Monetary Theory (MMT) principles. Published by Bloomsbury Academic
William Mitchell is a professor of economics at the University of Adelaide in Australia. He has published numerous articles and books on macroeconomics, monetary economics, and employment policy. Mitchell is a leading expert in the field of macroeconomics and has taught and researched at various universities around the world.
About William Mitchell
Mitchell's work is heavily influenced by the post-Keynesian school of thought, which emphasizes the role of aggregate demand in determining economic activity. He advocates for a more nuanced understanding of the economy, one that takes into account the complexities of the real world and the importance of policy interventions in stabilizing the economy.
Part B: Mechanics of currency, banking, and the role of the central bank. macroeconomics william mitchell pdf new
While the full textbook is a commercial publication through Macmillan/Red Globe Press, Professor Mitchell provides extensive educational resources online: MMT and the MMT Project – Part 1 - Bill Mitchell
Here’s a draft you can use for a search query, forum post, or note: Macroeconomics by William Mitchell, L
Mitchell, W. (2022). Macroeconomics: A Modern Approach. Routledge.