Ekaitza DTMren inguruan? (2)

Hasteko, ikus

https://www.unibertsitatea.net/blogak/heterodoxia/2013/07/06/ekaitza-dtmren-inguruan/

Orain segida:

Bill Black-ek:

http://neweconomicperspectives.org/2013/07/5683.html#comments

Paul Krugman has noted that the greatest error he made in his predictions about the crisis arose from his failure to understand how vast the difference is between nations with sovereign currencies (who borrow in their own currency and employ freely floating exchange rates) and other nations. He hasn’t credited my colleagues and other MMT scholars for their insight about that point, but he has acknowledged that the MMT scholars proved correct.”

Krugman drives us to distraction because he attributes, always without quotation from any MMT scholar, a claim that no MMT scholar has ever made.”

Eta R. Wray-k berriz, B. Blak-en hitzak aipatuz:

http://www.economonitor.com/lrwray/2013/07/06/bill-black-blasts-lazy-critics-of-mmt/

Bill concludes:

It’s certainly good to have MMT discussed in the New York Times. We now need to have it discussed with a focus on the scholarly work and predictive successes. We need debates on the merits that focus on the ideas rather than personalities (or yachts and race cars). We look forward to having our critics quote from our scholarly works and explain what specific positions they disagree with and why. Such a debate would be a great service to the Nation and the Eurozone.

Here’s the deal –it is intellectually dishonest to create and repeat these strawman arguments based on inventing positions that one ascribes to MMT scholars that are often the opposite of MMT actual positions. We were willing to assume in the interests of comity that the initial positions falsely ascribed to MMT scholars were the product of not having read and understood the MMT scholarly literature. Krugman and Thoma had, at best, spent “a few minutes” reading MMT scholars’ work and they misinterpreted it. At this juncture, dozens of MMT proponents have written to make clear to Krugman and Thoma that they are misrepresenting the position of MMT scholars. There is no excuse for any repetition of the strawman claims.”

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