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Bill Mitchell – Academic freedom requires evidence and knowledge – not a desire for headlines

Summary:
Freedom implies responsibility. There is no legal right to absolute freedom, nor is there a natural (moral) right to it either. Libel laws recognize this legally, for example. But libel laws are civil and only extend to suing for damages. But there is also reputational risk, which is also a deterrent to presumption of an absolute right to freedom. Bill is evoking this latter with respect to professional and academic responsiblity.The rest of the post is about the economic/health tradeoff, and how using the lens of MMT shows a picture different from the conventiona. It didn't have to be this way.Bill Mitchell – billy blogAcademic freedom requires evidence and knowledge – not a desire for headlines Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and

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Freedom implies responsibility. There is no legal right to absolute freedom, nor is there a natural (moral) right to it either. Libel laws recognize this legally, for example. But libel laws are civil and only extend to suing for damages. But there is also reputational risk, which is also a deterrent to presumption of an absolute right to freedom. Bill is evoking this latter with respect to professional and academic responsiblity.

The rest of the post is about the economic/health tradeoff, and how using the lens of MMT shows a picture different from the conventiona. It didn't have to be this way.

Bill Mitchell – billy blog
Academic freedom requires evidence and knowledge – not a desire for headlines
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

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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