Wednesday, September 27, 2017

Brian Romanchuk — The State Of MMT Theory Is Good

I have returned from the first Modern Monetary Theory Conference, and I am feeling complacent about the state of theory within Modern Monetary Theory (MMT). I am looking at this from a particular perspective, which I will explain in this article. Other aspects of Modern Monetary Theory are obviously a work in progress, which I hope to discuss in a later article....
Bond Economics
The State Of MMT Theory Is Good
Brian Romanchuk


Matt Franko said...

"I was involved in a discussion on Twitter on that topic yesterday,"

Some of the more interesting tweets there have apparently since been deleted...

AXEC / E.K-H said...

Brian Romanchuk

You say: “The State Of MMT Theory Is Good”

This is a fine specimen of self-deception and misleading success message.* Fact is that MMT theory is refuted on all scientific counts, see cross-references

Egmont Kakarot-Handtke

* There is some unintended irony in the title, see the classical case: The state of macro is good, Blanchard, 2008 = year of GFC

NeilW said...

Doesn't surprise me.

But then I wouldn't know. Mason has blocked me on Twitter. I don't think he's too keen on having his ideas subject to scrutiny and debate.