<i>'This book serves as a good introduction to the neglected approach to macroeconomic theory and policy developed by Abba Lerner and his followers. Graduate students will find it particularly useful, but most of the essays could be read by undergraduates in appropriate courses, and anyone interested in macroeconomics will find them profitable reading.'</i>
- Christopher J. Niggle, Review of Political Economy,
<i>'Grounded on the fundamental analysis of the state nature of money and the role of government in the modern capitalist economy, </i>Reinventing Functional Finance<i> is without any doubt a great book through which solutions to various economic problems can be sought.'</i>
- Yan Liang, Oeconomicus,
<i>'Nell and Forstater have put together a set of thought-provoking papers that examine Lerner's functional finance theory, linking it to transformational growth, full employment, price stability, labour market dynamics, as well as fiscal and monetary policies . . . </i>Reinventing Functional Finance<i> is a must read for all scholars interested in public finance and full employment policy. Policymakers (and their economic advisers) are encouraged to read it and to consider going back to the basic insights that Abba Lerner and others brought to light six decades ago. This is an insightful, fresh, and well-overdue look at functional finance and its policy implications. The challenging task ahead is to take the principles of functional finance back to the policy arena.'</i>
- Fadhel Kaboub, International Labor Review,