tag:blogger.com,1999:blog-2761684730989137546.post6431068742266783337..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Book review: 'The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy' — Megan Wildwoodmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2761684730989137546.post-55338209626470789972021-04-03T03:20:19.302-04:002021-04-03T03:20:19.302-04:00Priorities. People's economy would have people...Priorities. People's economy would have people-centered priorities. In that situation, military spending would face the question: "Why should we waste resources on that?"Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-13991766496004537202021-04-02T06:36:29.911-04:002021-04-02T06:36:29.911-04:00"But the U.S. military actually already appro...<i>"But the U.S. military actually already approaches its budget through an MMT lens: Fiscal increases are easily approved, without always knowing where the money will come from." -Author.</i><br /><br />She's exactly right. That question--"How we gonnna pay for it?"--is never asked when it comes to military spending. The money is always there.Mike Normanhttps://www.blogger.com/profile/15682385425253710230noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-40065883642938527632021-04-01T15:18:02.674-04:002021-04-01T15:18:02.674-04:00The "birth of the people's economy"?...The "birth of the people's economy"?!<br /><br />There's a lie for you since the MMT School would INCREASE privileges for the banks and, by extension, for the rich, the most so-called "credit worthy."Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.com