An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
This is what MMT critics always seem to avoid discussing: it offers (in my experience) unrivaled predictive power. In fact that is deliberately ignored. I have had so many discussion with others who insist MMT is bunk, then go completely silent once I point out my calls are almost always right, while theirs never come to pass. That doesn't happen because I'm particularly bright, it happens because MMT is a very accurate tool for macroeconomic prognostication, far more so than the neo-liberal or austrian frameworks.
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This is what MMT critics always seem to avoid discussing: it offers (in my experience) unrivaled predictive power. In fact that is deliberately ignored. I have had so many discussion with others who insist MMT is bunk, then go completely silent once I point out my calls are almost always right, while theirs never come to pass. That doesn't happen because I'm particularly bright, it happens because MMT is a very accurate tool for macroeconomic prognostication, far more so than the neo-liberal or austrian frameworks.
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