A piece by @MattBruenig that sort of complements my analysis, and also helps explain the Calvinball. He argues that MMT is basically about using odd language to imply that spending needn’t be paid for, without being explicit 1/
That may be a bit too cynical; I’ve talked with some MMTers who seem to truly believe that they have an analytical insight; the Kelton piece I discuss here does indeed say some new things. But those things happen to be false 2/
@paulkrugman erabiltzaileari erantzuten
Anything here you object to?
2019 urr. 2
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