Lawrence Summers attempts to criticise MMT – try not to die of laughter. Ralph Musgrave

Summary:
Has Larry Summers actually read any MMT literature? MMT economists have already counter all his objections. My guess. This is political. The man cannot be that obtuse economically, can he? With the prospect of a Biden win, Summers is trying to head off MMT politically as a Democratic Establishment  stalwart vying for power and position.RALPHONOMICSLawrence Summers attempts to criticise MMT – try not to die of laughter.Ralph Musgrave

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