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 my favourite one minute lecture on economics: it's about rational expectations, expansionary austerity, and similar nonsense:https://www.youtube.com/watch?v=ijsXA1RbYco&feature=youtu.be
Fucking brilliant, Ralph. Thanks.
Mark Blyth. A name to remember :)
The whole video (~1h) is worth watching, haven't seen a better recap of liberalism and the current mess ever tbh.Very good speech.
Remember last years article on the dearth of article retraction in economics?So I went over to retraction watch to see which economists have been held up to scrutiny and have been put on the wall of shame. A review this year improves upon last year, but still has me suspicious.One poli-sci article that I remember from MNE was retracted for getting their statistics wrong and conclusions backward.
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