by Summary:
Richard Murphy continues to misrepresent MMT. His depiction of the essentials of MMT covers only some of the institutional aspect and description of operations. He leaves out the macro theory that sets the foundation for applying MMT, e.g, as a policy science in policy formulation. As a result he views the MMT job guarantee as merely political rather than integral to the whole system that MMT explains in a general way. Certainly, people (voters) need to know the essentials of MMT that Richard Murphy lists but there's much more to MMT that that and it is also relevant.Tax Research UKPretty much all that most people need to know about modern monetary theory Richard Murphy
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Mike Norman considers the following as important: MMT
This could be interesting, too:
Richard Murphy continues to misrepresent MMT. His depiction of the essentials of MMT covers only some of the institutional aspect and description of operations. He leaves out the macro theory that sets the foundation for applying MMT, e.g, as a policy science in policy formulation. As a result he views the MMT job guarantee as merely political rather than integral to the whole system that MMT explains in a general way. Certainly, people (voters) need to know the essentials of MMT that Richard Murphy lists but there's much more to MMT that that and it is also relevant.Tax Research UKPretty much all that most people need to know about modern monetary theory Richard Murphy
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
Richard Murphy continues to misrepresent MMT. His depiction of the essentials of MMT covers only some of the institutional aspect and description of operations. He leaves out the macro theory that sets the foundation for applying MMT, e.g, as a policy science in policy formulation. As a result he views the MMT job guarantee as merely political rather than integral to the whole system that MMT explains in a general way.
Certainly, people (voters) need to know the essentials of MMT that Richard Murphy lists but there's much more to MMT that that and it is also relevant.
Tax Research UK
Pretty much all that most people need to know about modern monetary theory
Richard Murphy