by I don't usually post pod casts or video, since there is a lot of information that I don't have time to preview.Here is podcast with Stephanie Kelton explaining how MMT "won" in the sense of shifting the policy debate from debt and deficits to the inflation constraint. The former are not actual constraints on a government that is sovereign in its currency while the latter is an actual constraint.Also, I usually don't link to Bloomberg because of the paywall. But this is open.This destroys the government as big household or firm analogy and shows that Margaret Thatcher's claim that the government has no money but taxpayers' money is bogus.BloombergHow MMT Won the Fiscal Policy Debate (Podcast)Stephanie KeltonSee alsoeconintersectDocumentary Of The Week: Stephanie Kelton At The OECDJohn
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I don't usually post pod casts or video, since there is a lot of information that I don't have time to preview.
Here is podcast with Stephanie Kelton explaining how MMT "won" in the sense of shifting the policy debate from debt and deficits to the inflation constraint. The former are not actual constraints on a government that is sovereign in its currency while the latter is an actual constraint.
Also, I usually don't link to Bloomberg because of the paywall. But this is open.
This destroys the government as big household or firm analogy and shows that Margaret Thatcher's claim that the government has no money but taxpayers' money is bogus.
BloombergHow MMT Won the Fiscal Policy Debate (Podcast)
Documentary Of The Week: Stephanie Kelton At The OECD
See also