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If the critics of modern monetary theory want to be taken seriously they have to get their facts right — Richard Murphy

Summary:
Richard Murphy piles on in criticizing the Richmond Fed's recent article on MMT. It was not only wrong, it was unprofessional.Tax Research UKIf the critics of modern monetary theory want to be taken seriously they have to get their facts rightRichard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum

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Richard Murphy piles on in criticizing the Richmond Fed's recent article on MMT. It was not only wrong, it was unprofessional.

Tax Research UK
If the critics of modern monetary theory want to be taken seriously they have to get their facts right
Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum

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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