LA Progressive
Enlightened Economics: There Is an Alternative
By Mark Dempsey
(h/t Clonal in the comments)
Mark Dempsey is a writer who lives near Folsom. The Modern Monetary Theorists who made this article possible include Yves Smith (nakedcapitalism.com), Steve Keen (debtdeflation.com), Bill Mitchell (bilbo.economicoutlook.net/blog/), William K. Black and Marshall Auerback (neweconomicperspectives.org), Warren Mosler (moslereconomics.com) and Kucinich economics advisor Michael Hudson (michael-hudson.com). Recommended viewing for a little historical perspective, Youtube video The Secret of Oz.
"One Modern Monetary Theory (MMT) economist, the debtdeflation.com blog author Steve Keen, suggests "
ReplyDeleteSteve Keen - Modern Monetary Theory Economist???
Yeah, the terms is hardly understood outside of a small group of heterodox folks, so this kind of confusion can be expected.
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ReplyDeleteRamanan, Steve Keen has been posting Stephanie Kelton and Scott Fullwiller videos. They did appear together at the MMT-MCT Field Institute Seminar together - trying to get a unified structure between MMT and MCT.
ReplyDeleteSee Professor Steve Keen
btw, if you haven't seen it:
ReplyDeletehttp://nakedkeynesianism.blogspot.com/2012/08/a-reply-to-wray-part-i.html
Thanks, up.
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