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“a model-platonistic manner”

Summary:
The Germany guy at least has their methodology correct here... and this is interesting in that this is the first time I've ever seen anybody point out their methodology...Should probably be "model-platonistic methodology" that they are using its more than a "manner"...This methodology should be banned in anything even obliquely having to do with our material provisioning systems... it doesn't work... The claims are as follows:1. ‘MMT applies to countries other than the US, but not to the same degree … MMT tends to implicitly presuppose in a model-platonistic manner that all 200 states had the same quality of institutions, and does not connect to the state-building debate’ — Rohan Grey (@rohangrey) September 8, 2019

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The Germany guy at least has their methodology correct here... and this is interesting in that this is the first time I've ever seen anybody point out their methodology...

Should probably be "model-platonistic methodology" that they are using its more than a "manner"...

This methodology should be banned in anything even obliquely having to do with our material provisioning systems... it doesn't work...


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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