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by enriquec 1185 days ago
You've never heard anyone say the main - and very popular - counter argument? (which is correct IMO)

Seems disingenuous.

1 comments

Re-reading the comment, I misunderstood what they were saying the counterargument to MMT was. But I still think they're wrong. The rest of the world accepts all sorts of things that we might not expect, such as a debt to GDP ratio over 100. A lot of conventional economic arguments are rigorously weak, and while I think policy recommendations from the MMT camp are very debatable, I find their model to be thoroughly thought through.