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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 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 BlogThe main insight of MMTLars P. Syll | Professor, Malmo University
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Mike Norman considers the following as important:
This could be interesting, too:
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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