Summary:
Here he goes again. "Zimbabwe."Tim Worstall knows better. MMT's bottom line is availability of real resources to meet effective demand. Zimbabwe's problem is exceeding its real resource constraint fiscally. The predicable result based on MMT analysis is inflation. This is trivial. Either Tim Worstall is ignorant of MMT, or he is being disingenuous. Continental TelegraphZimbabwe’s Third Time Lucky – The Return Of The Zim$ Tim Worstall
Topics:
Mike Norman considers the following as important: MMT, MMT criticism, MMT critics
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Here he goes again. "Zimbabwe."Tim Worstall knows better. MMT's bottom line is availability of real resources to meet effective demand. Zimbabwe's problem is exceeding its real resource constraint fiscally. The predicable result based on MMT analysis is inflation. This is trivial. Either Tim Worstall is ignorant of MMT, or he is being disingenuous. Continental TelegraphZimbabwe’s Third Time Lucky – The Return Of The Zim$ Tim Worstall
Topics:
Mike Norman considers the following as important: MMT, MMT criticism, MMT critics
This could be interesting, too:
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Here he goes again. "Zimbabwe."
Tim Worstall knows better. MMT's bottom line is availability of real resources to meet effective demand. Zimbabwe's problem is exceeding its real resource constraint fiscally. The predicable result based on MMT analysis is inflation.
This is trivial. Either Tim Worstall is ignorant of MMT, or he is being disingenuous.
Tim Worstall