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.
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Sunday, January 9, 2022
Prof. Antony Davies: 10 myths about government debt
Good to see more people realizing the “myth!” of government debt and deficits….
Sheesh, Mike! I thought you were an MMT guy! Professor Davies is recycling every neoliberal, neoclassical economic, monetarist comment ever made. It's strictly baloney.
On the other hand, it's good to know that the baloney is so widely respected (check out the comments)...
Sheesh, Mike! I thought you were an MMT guy! Professor Davies is recycling every neoliberal, neoclassical economic, monetarist comment ever made. It's strictly baloney.
ReplyDeleteOn the other hand, it's good to know that the baloney is so widely respected (check out the comments)...
Hold up… is it a “myth!” or is it “baloney!” ?
ReplyDeleteIs this going to be on the test?
if the answers are
A. myth
B. Baloney
C.Swiss cheese
D. Both A and B
Can I answer ‘D’ ?
I could go to either Bard or Duquesne and take Econ and if the test question was:
ReplyDelete“The consensus view of government debt is:
A. Myth
B . Wrong
C. Orange man bad
D. Both A and B
And answer D and get an A+ at both schools and could believe the exact opposite of the professor…. nice academe you got there!