Bill Mitchell — Exploring the basic principles and myths surrounding MMT

Summary:
Here is a video of a presentation I made yesterday to a group of financial professionals in Brisbane. They are running a series on Modern Monetary Theory (MMT) and had originally invited me to debate a gold bug type from the US.I declined given that the person in question had made a series of vapid (being generous) comments about MMT and spending time with that level of hostility would have been a waste.So they decided to run the series over two weeks – with my presentation yesterday and his next week. The twain shall never meet!The talk went for about 30 minutes and is quite elementary – more to give a feel for what a skeptic needs to keep under control before launching into an attack on our work.Some questions followed.…Bill Mitchell – billy blogVideo – Exploring the basic principles

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Robert Vienneau writes Another Hayekian Triangle Not Supporting The Austrian School

Joel Eissenberg writes Access to medical care: right or privilege?

NewDealdemocrat writes Production turns more negative

Bill Haskell writes Lawler: Early Read on Existing Home Sales in October