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(https://twitter.com/wbmosler/status/1423628821023105027)
Warren B. Mosler #MMT@wbmosler
MMT is a framework for analysis, not an economic policy.
(https://twitter.com/PhilArmstrong58/status/1424071161462337539)
Philip Armstrong @PhilArmstrong58
Some PKers – not many- embrace MMT, others try and argue it’s ‘all in Keynes’ or PK and MMT just stresses different things. Others attack it, like Michell and Palley, and fail. MMT has its antecedents but MMT is a stand-alone school making a unique contribution, as Warren notes.
(https://twitter.com/wbmosler/status/1423655621501636610)
Warren B. Mosler #MMT@wbmosler
Except that I came up with it entirely/independently from my capital markets experience several years before being directed to and introducing it to PK academics in 1996.
(https://twitter.com/wbmosler/status/1423703059268505600)
Warren B. Mosler #MMT@wbmosler
The euro member nations are analogous to US states in that regard, all of which are ‘currency users’ subject to default. I spelled out pretty much all that went bad immediately after the national currencies were ‘locked.’
For example: http://moslereconomics.com/wp-content/uploads/2018/04/Rites-of-Passage.pdf
(https://twitter.com/wbmosler/status/1423961714656165890)
Warren B. Mosler #MMT@wbmosler
Mmt contributions are in my whiter paper. 😉
(https://twitter.com/wbmosler/status/1423629775973883906)
Warren B. Mosler #MMT@wbmosler
MMT White Paper – Mosler Economics / Modern Monetary Theory
(https://twitter.com/GrkStav/status/1423677378899808256)
Greek Stav@GrkStav
That cannot possibly be the point. The claim was that MMT developed out of Post-Keynesian economics. Given that “MMT” was originally SCE (Soft-Currency Economics) and created by Warren Mosler, entirely independently of Post-Keynesian economics falsifies that claim.
(https://twitter.com/wbmosler/status/1424066710043250691)
Warren B. Mosler #MMT@wbmosler
I have continued to ‘develop’ it.
