Bill Black — Revealed Biases: Why MMT Critics Continue to Rely on Strawman Arguments

Economists of nearly every flavor believe in the concept of “revealed preferences.” What matters is not what people say they will do in a hypothetical situation, but what they actually do. Their actions speak more credibly than their words. In this column I announce a related concept: “revealed biases.”

Guess what's coming. Ouch. Bill has mastered the art of the smack down.

New Economic Perspectives
Revealed Biases: Why MMT Critics Continue to Rely on Strawman Arguments
William K Black | Associate Professor of Economics and Law at the University of Missouri – Kansas City

See also Randy Wray, Bill Black Blasts Lazy Critics of MMT at Economonitor

Randy quotes the best of Bill's smack downs and comments himself.