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.
They are trained to dogmatically defend it not rationalize it.... if you are believing the antithesis then you might think they are rationalizing it..,
MMT is antithesis to the neoliberal stuff … that was there first…
ReplyDeleteGoes in order: Thesis THEN antithesis…
Hey maybe the neoliberals are going to start to complain that “ the MMT people haven’t read the neoliberal literature!”
ReplyDeleteHey maybe the neoliberals are going to start to complain that “ the MMT people haven’t read the neoliberal literature!”
ReplyDeleteAnd they would be wrong.
It's called understanding the opponent. You know, dialectics.
“What is neoliberalism?” Would be as big a rabbit hole waste of time as “what is money?”….
ReplyDeleteIt is a waste of time to understand how your opponent rationalizes their position.
ReplyDeleteAs for 'neoliberal' macroeconomics, I'm guessing the literature is rather scant.
They are trained to dogmatically defend it not rationalize it.... if you are believing the antithesis then you might think they are rationalizing it..,
ReplyDeleteRight now all you hear is the monetarist thesis over and over and over.... “inflation!” being caused by the Fed “printing money!”
ReplyDeleteIt’s all you hear..,, every day after day.... it is 99% consensus view....