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SummaryPrimer on Modern Monetary Theory. Useful to understand Modern Monetary Theory and economics in general. Concept leans to the Socialist and Utopian side of the ledger. Not yet convinced but interested. Sees difficulty in passing policy based on use of policy space chiefly because the electorate is deficit and debt adverse (after years of being exposed to the conventional wisdom and fear-mongering).The post is interesting, too, in that it is the first I have encountered that is somewhat mid-range. The reaction is generally love it or hate it.Seeking AlphaThe Deficit Myth: Modern Monetary Theory Primer (Book Review) Ted Stamas
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SummaryPrimer on Modern Monetary Theory. Useful to understand Modern Monetary Theory and economics in general. Concept leans to the Socialist and Utopian side of the ledger. Not yet convinced but interested. Sees difficulty in passing policy based on use of policy space chiefly because the electorate is deficit and debt adverse (after years of being exposed to the conventional wisdom and fear-mongering).The post is interesting, too, in that it is the first I have encountered that is somewhat mid-range. The reaction is generally love it or hate it.Seeking AlphaThe Deficit Myth: Modern Monetary Theory Primer (Book Review) Ted Stamas
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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SummaryNot yet convinced but interested. Sees difficulty in passing policy based on use of policy space chiefly because the electorate is deficit and debt adverse (after years of being exposed to the conventional wisdom and fear-mongering).
- Primer on Modern Monetary Theory.
- Useful to understand Modern Monetary Theory and economics in general.
- Concept leans to the Socialist and Utopian side of the ledger.
The post is interesting, too, in that it is the first I have encountered that is somewhat mid-range. The reaction is generally love it or hate it.
Seeking Alpha
The Deficit Myth: Modern Monetary Theory Primer (Book Review)
Ted Stamas