3 ms·
> So, in a sense, academic MMT may be a different thing that policy-world MMT, with the latter being mostly Keynsianism without fiscal policy cosplaying a commo
by smitty1e 3y ago
> So, in a sense, academic MMT may be a different thing that policy-world MMT, with the latter being mostly Keynsianism without fiscal policy cosplaying a commodity money constraint in a fiat money system.
Herb Sutter: "The difference between theory and practice is greater in practice than in theory."