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Has Larry Summers actually read any MMT literature? MMT economists have already counter all his objections. My guess. This is political. The man cannot be that obtuse economically, can he? With the prospect of a Biden win, Summers is trying to head off MMT politically as a Democratic Establishment stalwart vying for power and position.RALPHONOMICSLawrence Summers attempts to criticise MMT – try not to die of laughter.Ralph Musgrave
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Has Larry Summers actually read any MMT literature? MMT economists have already counter all his objections. My guess. This is political. The man cannot be that obtuse economically, can he? With the prospect of a Biden win, Summers is trying to head off MMT politically as a Democratic Establishment stalwart vying for power and position.RALPHONOMICSLawrence Summers attempts to criticise MMT – try not to die of laughter.Ralph Musgrave
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Has Larry Summers actually read any MMT literature? MMT economists have already counter all his objections.
My guess. This is political. The man cannot be that obtuse economically, can he? With the prospect of a Biden win, Summers is trying to head off MMT politically as a Democratic Establishment stalwart vying for power and position.
RALPHONOMICS
Lawrence Summers attempts to criticise MMT – try not to die of laughter.
Ralph Musgrave