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Monday, January 10, 2022

Review of The Deficit Myth — Kevin Grier

"Inflation," so MMT is wrong. Kevin Grier assumes that correlation is causation. Maybe, just maybe, the pandemic as an external shock plays a role? Professor Grier discounts it.

Independent Institute
Review of The Deficit Myth
Kevin Grier | Gordon Tullock Professor of Political Economy at the Free Market Institute and a professor of political science in the College of Arts & Sciences, Texas Tech University
https://www.independent.org/publications/tir/article.asp?id=1676

See also

Lars P. Syll’s Blog
Does MMT have an inflationary bias?
Lars P. Syll | Professor, Malmo University
https://larspsyll.wordpress.com/2022/01/10/does-mmt-have-an-inflationary-bias/
at

3 comments:

  1. Matt FrankoJanuary 10, 2022 at 11:51 AM

    “ Professor Grier discounts it.”

    So does Biden/Summers and accordingly now the Fed…

    ReplyDelete
  2. Tom HickeyJanuary 10, 2022 at 12:54 PM

    So does Biden/Summers and accordingly now the Fed

    Oh, so you mean people that have been consistently wrong.

    ReplyDelete
  3. Matt FrankoJanuary 10, 2022 at 1:06 PM

    Powell at Senate tomorrow let’s see if Dems there at least exhibit some new concern about the economy under the current case surge…

    As far as it looks to me Biden/Summers have given Powell orders to “take away the punch bowl!”… as if we are all having too good of a time with 1M new cases oer day and new shut downs…

    ReplyDelete