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.
Strikes me it’s a waste of time debating with Austrians. They are very simple people. Getting anything into their heads is like getting thru a 2ft thick concrete wall with a jackhammer.
Mark Thoma takes the p*ss out of Austrians here, if anyone is interested:
We really should let the Austrians play with their shiny metals in a true free market of private money creation so they can learn a thing or two about idolatry.
3 comments:
Strikes me it’s a waste of time debating with Austrians. They are very simple people. Getting anything into their heads is like getting thru a 2ft thick concrete wall with a jackhammer.
Mark Thoma takes the p*ss out of Austrians here, if anyone is interested:
http://economistsview.typepad.com/economistsview/2013/05/the-hangover-theory.html
Brilliant!
We really should let the Austrians play with their shiny metals in a true free market of private money creation so they can learn a thing or two about idolatry.
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