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.
Yes, very interesting material. Should be adapted into a formal paper or short text for easier comprehension of the contents.
Because the sound quality is quite mediocre and will make many people give up after a few minutes of listening.
The conclusions are impressive: seems like MMT and MCT are getting closer to one another and ready to further develop realistic models of the economy that fully account for money creation by the banking sector and the government.
And watch out for Keen's take on neoclassical theorems: "neat , plausible, and empirically wrong".
Nathan Tankus was there too. I didn't know he was so involved. Steve Keen has photos of the event over at his site. In the middle there's a big boned kid who looks about 19. I'm like WTF?
3 comments:
this is great stuff.
Yes, very interesting material. Should be adapted into a formal paper or short text for easier comprehension of the contents.
Because the sound quality is quite mediocre and will make many people give up after a few minutes of listening.
The conclusions are impressive: seems like MMT and MCT are getting closer to one another and ready to further develop realistic models of the economy that fully account for money creation by the banking sector and the government.
And watch out for Keen's take on neoclassical theorems: "neat , plausible, and empirically wrong".
Nathan Tankus was there too. I didn't know he was so involved. Steve Keen has photos of the event over at his site. In the middle there's a big boned kid who looks about 19. I'm like WTF?
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