: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?

    • grey_wolf_whenever [he/him]
      ·
      3 years ago

      Yeah this is basically what I was going to say. One of its main cruxes is the "Governments dont KNOW you can tax rich people to control the supply of money!" and thats kind of what makes it toothless because it misses the WHY in absolutely all of this.

    • emizeko [they/them]
      ·
      3 years ago

      https://www.goodreads.com/book/show/316328.Super_Imperialism

      looks interesting