by Summary:
"Weimar," "Zimbabwe" get replaced by "Venezuela in this puerile pseudo-criticism of MMT. What Jon Hall does get, is that a nation's currency is "the people's money." Unfortunately, he doesn't understand the implications of that for accomplishing public purpose through the political process in a democratic republic. Worse, he doesn't seem to care about understanding it other than superficially in terms of his cognitive-affective bias.The American ThinkerThe 'Limitless' Capacity of Government to Create MoneyJon N. Hall
Topics:
Mike Norman considers the following as important: MMT criticism
This could be interesting, too:
"Weimar," "Zimbabwe" get replaced by "Venezuela in this puerile pseudo-criticism of MMT. What Jon Hall does get, is that a nation's currency is "the people's money." Unfortunately, he doesn't understand the implications of that for accomplishing public purpose through the political process in a democratic republic. Worse, he doesn't seem to care about understanding it other than superficially in terms of his cognitive-affective bias.The American ThinkerThe 'Limitless' Capacity of Government to Create MoneyJon N. Hall
Topics:
Mike Norman considers the following as important: MMT criticism
This could be interesting, too:
Mike Norman writes Inside the Bernie economy — Dion Rabouin
Mike Norman writes MMT Critics And Banks — Brian Romanchuk
Mike Norman writes Bill Mitchell — A response to Greg Mankiw – Part 3
Mike Norman writes On Gundlach’s Misrepresentation Of MMT — Brian Romanchuk
What Jon Hall does get, is that a nation's currency is "the people's money." Unfortunately, he doesn't understand the implications of that for accomplishing public purpose through the political process in a democratic republic. Worse, he doesn't seem to care about understanding it other than superficially in terms of his cognitive-affective bias.
The American Thinker
The 'Limitless' Capacity of Government to Create Money
Jon N. Hall