Meet Stephanie Kelton, a proponent of Modern Monetary Theory, a controversial set of economic proposals centered on the idea that the U.S. could dramatically boost public spending on progressive ideas like a job guarantee or the Green New Deal in order to smooth out the economic cycle. Conway G. Gittens reports.
Reuters - MMT: a controversial idea to boost economic equality
Reuters - MMT: a controversial idea to boost economic equality
7 comments:
The media is pushing Stephanie Kelton so hard it leads one to question the organic nature of the phenomenon.
Journos always favor form over substance.... they’re getting nowhere..,
Doing media appears to be Kelton's full time job. Who is funding her?
A bunch of left political people... all the MMT people have appeared to convert from Liberal Art educators into partisan politicians... maybe in response to frustration that they arent getting anywhere via their methodlology ... maybe they think they can get somewhere via partisan politics instead of education? .. I dont get it... they wont get anywhere...
they need to get the hell out of that Liberal Art pos school that nobody's ever heard of Bard ... get over into different land grant institution that will let them do it via a Science methodology...
If the elite are funding MMT, that's fine by me. Not everyone within in the elite are bad, in fact, I bet most are fair minded, moderate people who want to see change as much as anyone else.
Kaivey
Distribution is the toxic fallout of MMT policy. MMT does NOT boost economic equality, just the opposite. For details see
MMT: Redistribution as wellness program
https://axecorg.blogspot.com/2017/10/mmt-redistribution-as-wellness-program.html
Egmont Kakarot-Handtke
Bernie's not talking about it, so it's up to her.
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