Half-informed.Many of the points made have been dealt with in the MMT literature, but the author seems to be only superficially informed about it. Almost no one has taken the time to educate themselves on MMT in a serious way before offering shoot from the hip criticism.On the other hand, these are valid considerations and if people are not informed about the MMT solutions, more education is required. That includes educating MMT evangelists so that don't just spread slogans or perpetuate myths. The MMT economists have done the heavy lifting and now it is time for both MMT proponents and those critiquing MMT to educate themselves about its breadth and depth. The National (Scotland)Hot new economic theory is just one piece of the puzzle Gordon MacIntyre-Kemp, Columnist
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Mike Norman considers the following as important: MMT, MMT criticism, MMT critics
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Half-informed.
Many of the points made have been dealt with in the MMT literature, but the author seems to be only superficially informed about it. Almost no one has taken the time to educate themselves on MMT in a serious way before offering shoot from the hip criticism.
On the other hand, these are valid considerations and if people are not informed about the MMT solutions, more education is required. That includes educating MMT evangelists so that don't just spread slogans or perpetuate myths. The MMT economists have done the heavy lifting and now it is time for both MMT proponents and those critiquing MMT to educate themselves about its breadth and depth.
The National (Scotland)
Hot new economic theory is just one piece of the puzzle