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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
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3 comments:

  1. Matt FrankoSeptember 27, 2017 at 2:54 PM

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

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

    ReplyDelete
  2. AXEC / E.K-HSeptember 27, 2017 at 6:44 PM

    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
    http://axecorg.blogspot.de/2017/07/mmt-cross-references.html

    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

    ReplyDelete
  3. NeilWSeptember 28, 2017 at 5:17 AM

    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.

    ReplyDelete