Paul Krugman has a new post that explains why the debate over money- vs. bond-financing of government deficits is really much ado about nothing. In it, he essentially echoes longstanding MMT-core principles, as we will show below. Indeed, MMT blogs have written as much many times previously (for example, see here, here, here, and here).
This is a syndicated repost published with the permission of New Economic Perspectives. To view original, click here. Opinions herein are not those of the Wall…
This is a syndicated repost published with the permission of Sober Look. To view original, click here. Opinions herein are not those of the Wall Street…
This is a syndicated repost published with the permission of New Economic Perspectives. To view original, click here. Opinions herein are not those of the Wall…
Boom For Whom
While I’m talking about inequality and the crisis, I realized recently that there’s another channel not usually talked about, via the misperception of success.
Let me start with a puzzle: why did faith in the wonders of financial de…
“I can’t say it any plainer- Krugman is a fool.”
Bill Fleckenstein