: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?

  • pooh [she/her, any]
    ·
    edit-2
    3 years ago

    I agree and that's what I also see as the major flaw with MMT, though I think it could very well work if it ever were to be implemented correctly.