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The school you're thinking of is Chartalism. Here's a Wikipedia article (which I have not fully read, so caveat emptor): http://en.wikipedia.org/wiki/Chartalism Here's a terrific article on Modern Monetary Theory at the Seeking Alpha website: http://seekingalpha.com/article/242669-the-trouble...
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I have been writing up stuff that I thought was interesting and related to the current economic mess. It has gotten a bit long but I really think it has many interesting things that I did not understand a year ago. I think other Austrian economist types will agree with most of it and still find new stuff...