This isn’t the post I sat down to write, but I wanted to lay this foundation before tackling the next set of questions. Here’s where we’ll go next…The Lens
If MMT (and Keynes and Tooze) are correct that anything we can actually do, we can afford, then how do we operate in a world where that truth is revealed to the broader public? Are MMT economists too cavalier about the risks of inviting everyone in on the secret? Is honesty really the best policy, or do we need deficit myths and old-time budgetary religion to protect us in a world of uncertainty? Can we trust the MMT framework to guard against excesses?
Yes, We Can!
But should we tell the masses?
Stephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders
8 comments:
“ economic adviser to the 2016 presidential campaign of Senator Bernie Sanders”
Yo, Bernie thinks we have to tax Bill Gates to have clean water…
Why put this in there? Paradox?
https://www.commondreams.org/news/2019/11/07/taxing-bill-gates-100-billion-counters-bernie-sanders-could-end-homelessness-and
Refer to the association with a moron?
How is this helpful?
Real Progressives are doing everything they can to inform the masses.
Inform them of what? Your associates think Bill Gates is our source of clean water?
Informing the public about MMT, so that they will demand better policies.
They are the MMT activists.
Taxing bill gates or not to have clean water or not is not a better policy…
It doesn't have anything to do with MMT either.
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