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https://www.bloomberg.com/news/articles/2019-03-05/summers-slams-mmt-as-fallacious-as-economics-battle-heats-up
tovarichpeter sayshttps://www.bloomberg.com/news/articles/2019-03-05/summers-slams-mmt-as-fallacious-as-economics-battle-heats-up
Krugman is a practitioner of voodoo economics.
Bill Black: MMT Takes Center Stage – and Orthodox Economists Freak - First Article in a Series
The massive, coordinated assault on Modern Monetary Theory (MMT) scholars by the most elite forces of orthodoxy represents a watershed moment in economics, but we must not lose sight that the real attack is actually on progressives, particularly the newly elected progressive members of Congress plus Elizabeth Warren, and Bernie Sanders. Even that statement is incomplete, for it is the combination of the rise of these progressive elected officials, the 2020 presidential election (and nomination battle), and the exceptional embrace of progressive policies by the general public and Democratic Party candidates for the presidential nomination that prompted the coordinated and personalized assault of overwhelmingly neoliberal economists on MMT scholars. This first column in a series provides an overview of why the progressives’ embrace of MMT spurred the terrified assaul...
Pasting whole fucking articles into dialog threads is fucking spam. Even Pat's quote feature chokes on it.
@just_dregalicious
just_dregalicious saysPasting whole fucking articles into dialog threads is fucking spam. Even Pat's quote feature chokes on it.
Summers and Krugman? Isn't that kinna like the Madam of a whorehouse telling you she has a real virgin, really she does?
Congrats...first post where u didn't mention TRUMP.
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