Quiggen asks about MMT, Murphy disses it

Two blog posts brought MMT further to the fore in the blogosphere today.

John Quiggen posted Some propositions for chartalists at Crooked Timber.

Robert Murphy posted The Upside-Down World of MMT at Mises.

A good exchange was had by all at Matt Rognlie's over his post, The fallacies of MMT.

Some gems in the comments.