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MMT Links — 12 Mar 2019 – 1st UPDATE

Summary:
Firing back at big guns taking pot shots at MMT.The HillSetting the record straight on GND and Modern Monetary Theory L. Randall Wray | Professor of Economics, Bard CollegeMultiplier EffectBig Guns Shooting Holes in the Sky Jörg Bibow | Associate Professor of Economics at Skidmore College and Research Associate at the Levy Economics Institute of Bard CollegeNew Economic PerspectivesMMT Takes Center Stage – and Orthodox Economists Freak William K. Black | Associate Professor of Economics and Law, UMKC INETSir John and Maynard Would Have Rejected the IS-LM Framework for Conducting Macroeconomic Analysis Mario Seccareccia, Professor of Economics, University of Ottawa and Marc Lavoie. Professor of Economics, University of OttawaUPDATE 1New Economic PerspectivesMMT Responds to Brad DeLong’s

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Firing back at big guns taking pot shots at MMT.

The Hill
Setting the record straight on GND and Modern Monetary Theory

L. Randall Wray | Professor of Economics, Bard College

Multiplier Effect
Big Guns Shooting Holes in the Sky
Jörg Bibow | Associate Professor of Economics at Skidmore College and Research Associate at the Levy Economics Institute of Bard College

New Economic Perspectives
MMT Takes Center Stage – and Orthodox Economists Freak
William K. Black | Associate Professor of Economics and Law, UMKC

Mario Seccareccia, Professor of Economics, University of Ottawa and Marc Lavoie. Professor of Economics, University of Ottawa

UPDATE 1

New Economic Perspectives
MMT Responds to Brad DeLong’s Challenge
L. Randall Wray | Professor of Economics, Bard College



Another fictional characterisation of MMT finishes in total confusion
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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