Sunday, January 9, 2022

Prof. Antony Davies: 10 myths about government debt

 

Good to see more people realizing the “myth!” of government debt and deficits…. 



:p




3 comments:

Adam Eran said...

Sheesh, Mike! I thought you were an MMT guy! Professor Davies is recycling every neoliberal, neoclassical economic, monetarist comment ever made. It's strictly baloney.

On the other hand, it's good to know that the baloney is so widely respected (check out the comments)...

Matt Franko said...

Hold up… is it a “myth!” or is it “baloney!” ?

Is this going to be on the test?

if the answers are

A. myth

B. Baloney

C.Swiss cheese

D. Both A and B

Can I answer ‘D’ ?

Matt Franko said...

I could go to either Bard or Duquesne and take Econ and if the test question was:

“The consensus view of government debt is:

A. Myth

B . Wrong

C. Orange man bad

D. Both A and B

And answer D and get an A+ at both schools and could believe the exact opposite of the professor…. nice academe you got there!