by Summary:
Breaking a rule not to give the Times exposure for a variety of reasons since a pretty decent article on MMT appears in the "paper of record" in the Economy section. No doubt that many of the nay-sayers are upset by what amounts to Wall Street endorsement of the basic ideas of MMT, if not the all policy recommendations. But it's the basic ideas o MMT that make Wall Street money — Goldman's chief economist Jan Haztius uses them — not the policy proposals. Can't argue with success.New York Times — EconomyModern Monetary Theory Finds an Embrace in an Unexpected Place: Wall Street Patricia Cohen
Topics:
Mike Norman considers the following as important: MMT
This could be interesting, too:
Breaking a rule not to give the Times exposure for a variety of reasons since a pretty decent article on MMT appears in the "paper of record" in the Economy section. No doubt that many of the nay-sayers are upset by what amounts to Wall Street endorsement of the basic ideas of MMT, if not the all policy recommendations. But it's the basic ideas o MMT that make Wall Street money — Goldman's chief economist Jan Haztius uses them — not the policy proposals. Can't argue with success.New York Times — EconomyModern Monetary Theory Finds an Embrace in an Unexpected Place: Wall Street Patricia Cohen
Topics:
Mike Norman considers the following as important: MMT
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
Breaking a rule not to give the Times exposure for a variety of reasons since a pretty decent article on MMT appears in the "paper of record" in the Economy section.
No doubt that many of the nay-sayers are upset by what amounts to Wall Street endorsement of the basic ideas of MMT, if not the all policy recommendations. But it's the basic ideas o MMT that make Wall Street money — Goldman's chief economist Jan Haztius uses them — not the policy proposals. Can't argue with success.
New York Times — Economy
Modern Monetary Theory Finds an Embrace in an Unexpected Place: Wall Street
Patricia Cohen