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One of the positive contributions of MMT, especially from a European point of view, is that it makes it transparently clear why the euro-experiment has been such a monumental disaster. The neoliberal dream of having over-national currencies just doesn’t fit well with reality. When an economy is in a crisis, it must be possible for the state to manage and spend its own money to stabilize the economy.Lars P. Syll’s BlogEverything you want to know about MMTLars P. Syll | Professor, Malmo University
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One of the positive contributions of MMT, especially from a European point of view, is that it makes it transparently clear why the euro-experiment has been such a monumental disaster. The neoliberal dream of having over-national currencies just doesn’t fit well with reality. When an economy is in a crisis, it must be possible for the state to manage and spend its own money to stabilize the economy.Lars P. Syll’s BlogEverything you want to know about MMTLars P. Syll | Professor, Malmo University
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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One of the positive contributions of MMT, especially from a European point of view, is that it makes it transparently clear why the euro-experiment has been such a monumental disaster. The neoliberal dream of having over-national currencies just doesn’t fit well with reality. When an economy is in a crisis, it must be possible for the state to manage and spend its own money to stabilize the economy.
Lars P. Syll’s Blog
Everything you want to know about MMT
Lars P. Syll | Professor, Malmo University
Lars P. Syll | Professor, Malmo University