Work is proceeding on my "MMT primer" manuscript. One chapter I am working on (in parallel with the labour market analysis) are a discussion of what I view as serious objections to MMT as a theory. Although I want to finish off that chapter later, I am adding to it as I run into interesting criticisms. I discuss a couple of recent entries in this article. Although I do not want to derail my book with lengthy discussions of MMT critiques that are coming from every random direction, I also want to have at least some quotations of critics so that my comments are not viewed as attacks on straw men....Bond Economics
Looking At Some MMT Criticism
Brian Romanchuk
3 comments:
Although I do not want to derail my book with lengthy discussions of MMT critiques that are coming from every random direction, ... Brian Romanchuk
Including critiques you can't refute such as that the MMT School is pro privileges for private depository institutions, aka "the banks"?
That’s not a refutation AA...
“Privilege”
‘a special right, advantage, or immunity granted or available only to a particular person or group.’
Doesn’t apply the banks are regulated... they are not immune ...
You are in a dialogue with the MMT people.... they have their thesis and you have your anti thesis..,
You just argue back and forth..,
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