Asad Zaman: “Explain the key identity of MMT: Government Injections + Foreign Injections = Private Surplus.”
Provably false. MMT is refuted on all counts. See
► Quick MMT 101 refutation
Asad Zaman failed the final macro exam. Se also
► Econ 101: Economists flunk the intelligence test at the first hurdle
Related 'Rectification of MMT macro accounting' and 'Wikipedia and the promotion of economists’ idiotism (II)' and 'Controlled demolition of MMT ― an exercise in elementary logic' and 'Refutation of Asad Zaman’s heterodox methodology: all arguments you ever need' and 'The inexorable Paradigm Shift in economics' and 'Links on Asad Zaman’s ‘Defining Islamic Economics’' and 'Is MMT good for WeThePeople or for the Oligarchy?'