December 8, 2020

MMT — an exercise in newspeak

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Comment on David Andolfatto/Tom Hickey on ‘Does the National Debt Matter?’* Blog-Reference MMTers deceive WeThePeople by calling macroeconom...
December 4, 2020

Occasional Tweet: The counterfeiter never runs out of money (I)

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  Money is debt of the issuer. Except for the counterfeiter who is the maker of money and the taker of things and never stops stealing from...
December 2, 2020

Occasional Tweets: How Keynes messed up macrofoundations

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  #Economics #FailedScience #Keynes How Keynes got macro wrong and Allais got it right https://t.co/5eUeu6Sr0w #DefundEconomics #FireEcono...

MMT works just fine (for the Oligarchy)

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 Comment on Editor on ‘U.S. billionaires and the pandemic’* Blog-Reference The macroeconomic 3-sector ProfitLaw Q≡(G−T)+(I−S)+Yd implies P...
December 1, 2020

Clear thinking in economics: hahaha!

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Comment on Tom Hickey on ‘Jude Murdoch and Steven Hail argue modern monetary theory offers desperately needed clear thinking and fresh ideas...

Occasional Tweets: Too stupid for the elementary algebra of macrofoundations

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  #Economics #MankiwIsProtoScientificGarbage The 3-sector #ProfitLaw Q≡(G-T)+(I-S)+Yd implies that macroeconomic #Profit depends on #Publ...
November 23, 2020

Occasional Tweets: MMT is money-making for the one-percenters

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  #MMT #BadScienceBadPolicyBadPeople MMT is refuted on all counts https://t.co/9Rldtrw2J1 Louis-Philippe Rochon is an #EconBlocker . Phil A...