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Get daily Game Developer top stories every morning straight into your inbox. Modern Monetary Theory or Modern Money Theory MMT is a heterodox macroeconomic theory that describes currency as a public monopoly and unemployment as evidence that a currency monopolist is overly restricting the supply of the financial assets needed to pay taxes and satisfy savings desires.

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There are two types of games the finite game and the infinite game. If you have a hard time preparing for Game Theory or Microeconomics exam just start. There are specific players set rules and at least in theory a definite endpoint.

Here is the basic concept. MMT is opposed to the mainstream understanding of macroeconomic theory. The finite game is easy to visualize.

The infinite game is more complex. This is the best book on Game Theory Ive ever read. Its what takes place when kids sit down to play a game of Monopoly.

After a misunderstanding Dr. Follow us gamedevdotcom to stay up-to-date with the latest news insider information about events more.

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