:seinfeld:
Is it all lib hokum? I was in my local theory shop yesterday and was looking at The Deficit Myth by Stephanie Kelton, something I put on my reading list a year and a half ago.
Since then I've listened to and read Matt Bruenig's criticisms of MMT and found them pretty convincing but I haven't really spent much time reading the anything on the "pro" side.
Is this worth my time to read a book on MMT or is it just a distraction? Thoughts?
reserve army of labor?
I was specifically talking about more recent theory, specifically among the post-work or anti-work crowd. This book is fairly influential in that space and talks about this directly starting around page 92 of that pdf.
my bad, I didn't see that Eugene_V_Dabs had mentioned it