Thursday, September 29, 2022

Let's Talk Turkey Stephanie Kelton

Today’s post will be short. I spent the day mostly doing interviews and ran short on time. I was planning to write about Turkey at some point, but Brian Romanchuk beat me to it. So I’m just going to set things up and encourage you to read what Brian has written....

The Lens
Let's Talk Turkey [which now prefers to be called by it official name, Tūrkiye]
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:

Matt Franko said...

“ which now prefers to be called by it official name, Tūrkiye”

What’s their pronouns?

:p

Matt Franko said...

“If you watch this video, you’ll hear Larry claim that MMT says, “we can rely on money finance for everything.” That is called a straw man. MMT says no such thing.”

So what? Perfectly legal under Platonism…

Tom, where in the Socrates playbook does it say you can’t do a “straw man”?

I’ll save you some time… IT DOESNT…

Why the outrage?

Matt Franko said...

Tom,

Do you people not understand the methodology under which you have been educated?

Seems like not…

Matt Franko said...

So you guys are educated under Platonism.. ok..

Platonism is based on rhetoric… ok…

A rhetorical device includes a “straw man!”… ok…

Dude uses a rhetorical “straw man!”… ok….

Thrn you guys say: “hey! You can’t do that!”

WHAAAAAAAATTTTTT?????

HOW DO YOUR BRAINS WORK?????

Matt Franko said...

“Abstract
There are reasons to believe that relations between Platonism and rhetoric in Athens during the fifth century CE were rather close.”

https://digitalcommons.trinity.edu/phil_faculty/151/

Matt Franko said...

Why don’t you Platonist people just figure it the fuck out like everybody else?



mike norman said...

Turkey's inflation problem is not just a matter of high rates. It's also running large trade and budget deficits.

NeilW said...

Huge quantities of debt in foreign currencies too