Summary:
Kevin Drum is clearly an apologist rather than a serious commentator. Ignore him. So far, then, MMT has not seduced most lefty economists into becoming defenders of crank theories the way supply-side economics did on the right. Hooray for us! He is a reason that progressives that follow the line he touts will lose, or if they win, will fail. Clueless, and don't want to know. Mother JonesIs MMT the Liberal Version of Supply-Side Economics?Kevin Drum
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Mike Norman considers the following as important: MMT, MMT criticism, MMT critics
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Kevin Drum is clearly an apologist rather than a serious commentator. Ignore him. So far, then, MMT has not seduced most lefty economists into becoming defenders of crank theories the way supply-side economics did on the right. Hooray for us! He is a reason that progressives that follow the line he touts will lose, or if they win, will fail. Clueless, and don't want to know. Mother JonesIs MMT the Liberal Version of Supply-Side Economics?Kevin Drum
Topics:
Mike Norman considers the following as important: MMT, MMT criticism, MMT critics
This could be interesting, too:
Mike Norman writes Jared Bernstein, total idiot. You have to see this to believe it.
Steve Roth writes MMT and the Wealth of Nations, Revisited
Matias Vernengo writes On central bank independence, and Brazilian monetary policy
Michael Hudson writes International Trade and MMT with Keen, Hudson
Kevin Drum is clearly an apologist rather than a serious commentator. Ignore him.
So far, then, MMT has not seduced most lefty economists into becoming defenders of crank theories the way supply-side economics did on the right. Hooray for us!He is a reason that progressives that follow the line he touts will lose, or if they win, will fail. Clueless, and don't want to know.