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.
Wow, such a clear explanation! BDL and Krugman seem to be trying to stealthily convert to MMT.
Reacquainting myself with Lerner ultimately led me to MMT.
The incumbent Economists with tenure & prizes are trying to Consume MMT, and own it, before the real authors can actually get the credit.It's called either business strategy, legal strategy, politics, or plagiarism. Same things.
Wow, such a clear explanation! BDL and Krugman seem to be trying to stealthily convert to MMT.
ReplyDeleteReacquainting myself with Lerner ultimately led me to MMT.
ReplyDeleteThe incumbent Economists with tenure & prizes are trying to Consume MMT, and own it, before the real authors can actually get the credit.
ReplyDeleteIt's called either business strategy, legal strategy, politics, or plagiarism. Same things.