Richard Murphy reads Dale Peirce's What is Modern Monetary Theory, or “MMT”? and gets it.
It took me a little while to realise I am what is now called a Modern Money Theorist.Tax Research UK — Richard Murphy On Tax And Economics
Modern Monetary Theory means we need never tolerate unemployment
Richard Murphy
(h/t Senexx Art in MMT, Heterodox and Dissident Economics on FB)
It does, however, mean we need a threshold proportion of our electorate able and practiced at actually THINKING.
ReplyDeleteHow do you get ENOUGH people to explore their prioritized options?
1) list more of them - for enough people
2) discuss more of them, soon enough, for enough people to matter
3) maintain PRACTICE at exploring enough options, among enough people to matter,
Talk is cheap, and only step 1 of several necessary but not sufficient steps. A social species survives only with constant PRACTICE at scaling social methods.
Continuous r/evolution?
ReplyDeleteRM coming out is great news for MMT/UK!