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.
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Sunday, June 3, 2012
George Soros — Remarks at the Festival of Economics, Trento Italy
Transcript of the presentation that Soros just made, referenced previously here.
Little by little, MMT principles are coming to light.
The Principles™ have always been hidden in plain view, this just gives The Status Quo the opportunity to claim they discovered them and deserve the glory.
Not putting Soros in this category necessarily, but it has been apparent that Krugman is inching ever closer to MMT without actually using the term.
Mark Thoma is showing signs also and he won't even allow MMT to be mentioned at his site.
When it's safe, everyone (that isn't an idealogue) will be on board.
Little by little, MMT principles are coming to light.
ReplyDeleteThe Principles™ have always been hidden in plain view, this just gives The Status Quo the opportunity to claim they discovered them and deserve the glory.
Not putting Soros in this category necessarily, but it has been apparent that Krugman is inching ever closer to MMT without actually using the term.
Mark Thoma is showing signs also and he won't even allow MMT to be mentioned at his site.
When it's safe, everyone (that isn't an idealogue) will be on board.