Understanding the Modern Monetary System [A-] [A+] To obtain a better understanding of Monetary Realism we recommend the following reading (some of which is quite advanced): 1. Understanding The Modern Monetary System 2. The “Dismal Science” and Getting Back to Da Vinci’s Methodology 3. Economics as Engineering 4. Understanding Inside & Outside Money 5. Understanding Moneyness 6. Credit IS Money 7. The Disaggregation of Credit 8. Where Does Cash Come From? 9. The Human Body, The Economy & The System of Flows 10. Understanding the Fed’s Primary Purpose 11 JKH on Saving, Investment and S=I+(S-I) 12. The Treasury and Central Bank: A Contingent Institutional Approach 13. Saving, stock/flow consistency and Kalecki 14. Banking in the Abstract 15. Some Simple Banking Examples 16. What Makes Monetary Realism Unique?