Some guy in the academe tries to take some shots at MMT here but that is not the point.
This is revealing here the guy says:
The modern monetary theory crowd argues economists have misunderstood how the government interacts with the economy. The rest of us just don’t get it! It’s all a big conspiracy, it would seem.
Bold mine. Here we see this nexus again at the confluence of stupid and subversion.
Now, FD I have always advocated that these people are 100% stupid vs. the ROW that claims it is all a big neoliberal conspiracy, but if you read this here, this guy reveals that they are somehow experiencing BOTH.
IOW, the guy says (at the same time) that they are stupid (ie 'the rest of us don't get it') AND it is a conspiracy (literally 'its all a big conspiracy')... at the same time.
How could they be existing while believing they are BOTH stupid AND subversive at the same time?
So this is very interesting...
if printing more money can fix an economy, why doesn't everyone do it? asks @profholden in @ConversationEDU https://t.co/6euuyb49Kz— UNSW Business School (@UNSWbusiness) January 19, 2017