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Monday, April 25, 2016

Michael Stevens — Dear Time Magazine Readers, the United States Is Not Insolvent


Mostly about Stephanie Kelton.

Multiplier Effect
Dear Time Magazine Readers, the United States Is Not Insolvent
Michael Stevens

4 comments:

  1. "The 25th Minsky conference wrapped up recently (video of all the speakers is posted here), and in one of the sessions Stephanie Kelton delivered a presentation"

    Ha LOL!!!!

    The guy who wrote the f-ing article for "Time Magazine" (here we go again whitewashing over the attribution...) ALSO presented at the 20th or wrf Minsky conference ... so what?!?!?!

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  2. "The guy who wrote the f-ing article for "Time Magazine" (here we go again whitewashing over the attribution...) ALSO presented at the 20th or wrf Minsky conference ... so what?!?!?!"

    Ehh? Content perhaps was different? 20th and 25th do not indicate it's the same conference and year. It's all about flows… those passing over your head…

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  3. They invite people from numerous perspectives to the Minsky conference. It's enabled many fruitful engagements and ensures that the more "mainstream" folks know who we are. That's how you should interpret Grant's presence there, too.

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  4. Thanks, Scott.

    Notice that Scott said, "they."

    Levy Institute is not run by the MMT economists, but rather is supportive of them among others.

    I agree that the debate should be open rather than creating more silos. We don't need more silo thinking, which is susceptible to group think.

    "Heterodox" economists complain that they are shut out of the conventional debate by the mainstreamers. Well then, it would be wise to consider ways to broaden that debate. If the mainstreamers are not going to do it, then the heterodox people will have to figure out how to approach it.

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