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.
Another must read from Peter Radford about the foundations of economics. As he observes, these involve life and death issues because economics is not only descriptive but also performative, especially when it is policy-oriented and the wrong story can lead to disaster.
2 comments:
http://bleedingheartlibertarians.com/2015/08/how-krugman-dehumanizes/
Tom Hickey, what is your view on this?
While I agree in principle, I recognize that contextually it is utopian idealism.
This is one of the paradoxes of liberalism. "Why can't we all just get along."
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