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by RobertoG 3831 days ago
If MMT claims are so weak we are in dire necessity of a paper or, at least, a blog post that address its issues seriously. After searching, I have not found such thing. Maybe you could write it.

Most critics dismiss the conclusions or address questions that are not really part of MMT.

Personally, I am specially interested in criticism of the most descriptive part of MMT, starting on chartalism but going beyond, banks money creation, sectoral balances, foreign exchange, etc..

1 comments

I keep trying to repeat that the monetary economics of MMT are not that objectionable, but that the MMT banner encompasses a host of other unrelated conclusions that must be examined separately, and moreover that MMTers do not take public choice seriously. This isn't some shit-flinging that you can address in a blog post. You seem to be completely unable to differentiate across several taxonomies.

(FWIW, I do intend on eventually writing a criticism of Post-Keynesianism in book form, but I'm still in earlier research phases.)