Tuesday , April 15 2025
Home / Mike Norman Economics / Pavlina Tcherneva on the size of the fiscal deficit

Pavlina Tcherneva on the size of the fiscal deficit

Summary:
There was a recent exchange on whether MMT prescribes a certain size deficit. As @KarlWiderquist argues here, the answer is no. But I would go even further. MMT does not prescribe or aim to estimate a specific size of 'desirable' govt deficit for several reasons....Read the thread here.Thread by @ptcherneva on Thread Reader App

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model

Mike Norman writes The Accursed Tariffs — NeilW

Mike Norman writes IRS has agreed to share migrants’ tax information with ICE

Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius

There was a recent exchange on whether MMT prescribes a certain size deficit. As @KarlWiderquist argues here, the answer is no. But I would go even further. MMT does not prescribe or aim to estimate a specific size of 'desirable' govt deficit for several reasons....
Read the thread here.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *