Given I presented a full analysis of the National Accounts release yesterday, I am calling today Wednesday and not writing much by way of blog posting, to give me more time to write other things th…
And they are wrong about MMT. What do you know, Marxist economists can be wrong about Marx and about economics as well. As to people who predicted the Great Financial Crisis, a lot of people get credit for it- the vehemently anti-MMT Anwar Shaikh, who I think is probably closer to Marx than either of these folks, also predicted the GFC, so did a bunch of Austrian Loons.
And they are wrong about MMT. What do you know, Marxist economists can be wrong about Marx and about economics as well. As to people who predicted the Great Financial Crisis, a lot of people get credit for it- the vehemently anti-MMT Anwar Shaikh, who I think is probably closer to Marx than either of these folks, also predicted the GFC, so did a bunch of Austrian Loons.