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MMT has resurged recently in large part due to the evangelizing efforts of Warren Mosler. One of his intros to MMT for the layperson is "7 Deadly Innocent Frau
by RickHull 15y ago
MMT has resurged recently in large part due to the evangelizing efforts of Warren Mosler. One of his intros to MMT for the layperson is "7 Deadly Innocent Frauds". For a counterpoint, here is a comprehensive refutation of 7DIF: http://conant.economicpolicyjournal.com/2010/10/refutation-of-mosler-economics-and.html http://conant.economicpolicyjournal.com/2010/10/refutation-o...
- borism 15y agoHaven't heard about Warren Mossler before, but yeah, he does seem pretty important figure in MMT circles. But this so called refutation seems to be totally missing the point. No wonder - it's coming from Austrian. This is like asking Aristotelian about General Relativity. They're Universe apart.