Everyone knows governments need to tax before they can spend. What Modern Monetary Theory presupposes is, maybe they don't. Surprisingly decent article on MMT considering the dismissive headline. Covers most of the bases.ViceThe Radical Left-Wing Theory That the Government Has Unlimited Money Tom Streithorstht Ralph Musgrave
Read More »Lars Syll — If only Trump had read Abba Lerner!
Keeper Lerner quote. I would not limit it to Trump, but extend it to almost the entire economics profession and policy advisers. If they get it wrong, politicians are unlikely to get it right.Lars Syll's BlogIf only Trump had read Abba Lerner! Lars Syll
Read More »Lars P. Syll — Abba Lerner and functional finance
Must-read for anyone interested in MMT.Lars P. Syll’s BlogAbba Lerner and functional financeLars P. Syll | Professor, Malmo University
Read More »