Summary:
Interesting from the perspective of effectiveness. Joshua Kim knew nothing of MMT before reading The Deficit Myth and apparently little training in economics or finance. He was under the illusion of the conventional view. The Deficit Myth convinced him of the major points regarding public finance and macroeconomics, but not with respect to the job guarantee. This is anecdotal evidence that making the argument for the MMT JG is a challenge. Maybe he should go on and read Pavlina Tchernova's new book, The Case for a Job Guarantee (2020). (It's already out of stock at the publisher's web site, so apparently demand exceeded supply expectations.) Short and worth a read.Insider Higher EducationThree Reasons to Read 'The Deficit Myth' Joshua Kim
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Interesting from the perspective of effectiveness. Joshua Kim knew nothing of MMT before reading The Deficit Myth and apparently little training in economics or finance. He was under the illusion of the conventional view. The Deficit Myth convinced him of the major points regarding public finance and macroeconomics, but not with respect to the job guarantee. This is anecdotal evidence that making the argument for the MMT JG is a challenge. Maybe he should go on and read Pavlina Tchernova's new book, The Case for a Job Guarantee (2020). (It's already out of stock at the publisher's web site, so apparently demand exceeded supply expectations.) Short and worth a read.Insider Higher EducationThree Reasons to Read 'The Deficit Myth' Joshua Kim
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
New Economics Foundation writes Is the Labour government delivering on its promises?
John Quiggin writes Dispensing with the US-centric financial system
New Economics Foundation writes Whose growth is it anyway?
Matias Vernengo writes What is heterodox economics?
The Deficit Myth convinced him of the major points regarding public finance and macroeconomics, but not with respect to the job guarantee. This is anecdotal evidence that making the argument for the MMT JG is a challenge. Maybe he should go on and read Pavlina Tchernova's new book, The Case for a Job Guarantee (2020). (It's already out of stock at the publisher's web site, so apparently demand exceeded supply expectations.)
Short and worth a read.
Insider Higher Education
Three Reasons to Read 'The Deficit Myth'
Joshua Kim