Macroeconomics and Monetary Economics

Keyword: Modern monetary theory, Islamic monetary theory, Islamic economics. × Clear all
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Modern Monetary Theory or Islamic Monetary Theory of Value? Evidence from Malaysia'

Adam Abdullah ·Journal of King Abdulaziz University: Islamic Economics ·2020 ·JEL: E12, E31, E42, E52

The purpose of this study is to contrast two recent monetary reform proposals involving the neo-chartalist Modern Monetary Theory (MMT) and the metallist Islamic Monetary Theory of Value (IMTV). Money is the common denominator for all econo...

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