by Summary:
Gerald Epstein has written a book critiquing neochartalism from a policy perspective. On an initial look he seems to attack the neochartalists on two things: their reluctance to talk about rise in tax rates and the international aspect — the limited applicability of their ideas to a few rich countries.... Good. The debate is engaged. Having written a book about MMT, the author has no excuse for not knowing the MMT literature in detail and citing it where appropriate for a scholar. I am sure that MMT economists will be vigilant about this in their response. The Case for Concerted ActionGerald Epstein — What’s Wrong With Modern Money Theory V. Ramanan
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Mike Norman considers the following as important: MMT, MMT criticism, MMT critics
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Gerald Epstein has written a book critiquing neochartalism from a policy perspective. On an initial look he seems to attack the neochartalists on two things: their reluctance to talk about rise in tax rates and the international aspect — the limited applicability of their ideas to a few rich countries.... Good. The debate is engaged. Having written a book about MMT, the author has no excuse for not knowing the MMT literature in detail and citing it where appropriate for a scholar. I am sure that MMT economists will be vigilant about this in their response. The Case for Concerted ActionGerald Epstein — What’s Wrong With Modern Money Theory V. Ramanan
Topics:
Mike Norman considers the following as important: MMT, MMT criticism, MMT critics
This could be interesting, too:
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Gerald Epstein has written a book critiquing neochartalism from a policy perspective. On an initial look he seems to attack the neochartalists on two things: their reluctance to talk about rise in tax rates and the international aspect — the limited applicability of their ideas to a few rich countries....
Good. The debate is engaged. Having written a book about MMT, the author has no excuse for not knowing the MMT literature in detail and citing it where appropriate for a scholar. I am sure that MMT economists will be vigilant about this in their response.
Gerald Epstein — What’s Wrong With Modern Money Theory
V. Ramanan