by Summary:
In this article I will attempt (but probably fail) to critique MMT in good faith, but I will be targeting MMT as it is generally presented to the public — that is where I’ve digested most MMT content: mainly through MMT bloggers and on twitter. If this is at odds with some more academically pure version of MMT that exists in the literature, I can only suggest that modern monetary theorists could then work on their messaging somewhat.... Exactly how is that "good faith"?In addition, the critique is confused by the author's lack of understanding of institutional arrangements and operational realities. All of this has been raised before and explained. Nothing new to see here.Warren Mosler commented on Twitter: "Doesn't look like you've read my book."MediumWhat’s wrong with MMT? Upholding
Topics:
Mike Norman considers the following as important: MMT, MMT criticism, MMT critics
This could be interesting, too:
In this article I will attempt (but probably fail) to critique MMT in good faith, but I will be targeting MMT as it is generally presented to the public — that is where I’ve digested most MMT content: mainly through MMT bloggers and on twitter. If this is at odds with some more academically pure version of MMT that exists in the literature, I can only suggest that modern monetary theorists could then work on their messaging somewhat.... Exactly how is that "good faith"?In addition, the critique is confused by the author's lack of understanding of institutional arrangements and operational realities. All of this has been raised before and explained. Nothing new to see here.Warren Mosler commented on Twitter: "Doesn't look like you've read my book."MediumWhat’s wrong with MMT? Upholding
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
In this article I will attempt (but probably fail) to critique MMT in good faith, but I will be targeting MMT as it is generally presented to the public — that is where I’ve digested most MMT content: mainly through MMT bloggers and on twitter. If this is at odds with some more academically pure version of MMT that exists in the literature, I can only suggest that modern monetary theorists could then work on their messaging somewhat....Exactly how is that "good faith"?
In addition, the critique is confused by the author's lack of understanding of institutional arrangements and operational realities. All of this has been raised before and explained. Nothing new to see here.
Warren Mosler commented on Twitter: "Doesn't look like you've read my book."
Medium
What’s wrong with MMT?
Upholding Economics