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The main insight of MMT — Lars P. Syll

Summary:
Dirk Ehnts quote and comment on it by Lars.It doesn't get much clearer than this. Can the conventional economists understand it though, considering the baggage they bring? Simply put, they do not start that the beginning so it is no wonder they get lost on the way with their "axiomatic" deductive approach instead of a balance sheet approach.Lars P. Syll’s BlogThe main insight of MMTLars P. Syll | Professor, Malmo University

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 Dirk Ehnts quote and comment on it by Lars.

It doesn't get much clearer than this. Can the conventional economists understand it though, considering the baggage they bring? Simply put, they do not start that the beginning so it is no wonder they get lost on the way with their "axiomatic" deductive approach instead of a balance sheet approach.

Lars P. Syll’s Blog
The main insight of MMT
Lars P. Syll | Professor, Malmo University

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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