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BMS ep. 149: George Selgin Critiques MMT then Debates Bob on Fractional Reserve Banking
Audio here, video below:
Read moreBMS ep 131: Rohan Grey Deep Dive on MMT and Trillion Dollar Platinum Coin
In the intro, I explain how this interview came to be. It’s long, but I think it helps if you want to understand the MMT camp. Audio here, video below.
Read moreBMS ep 128: Narration of My MMT Review
I read my recent review of Kelton’s new book, if you prefer audio.
Read moreMMT Disputes
Regarding my recent review of Kelton’s MMT book, Transformer here in the comments writes: I just realized that the disconnect is that Bob is interpreting the phrase ‘how many dollars the federal government has added to people’s pockets without subtracting (taxing) them away’ in a way different to what (I think) Kelton intended. I believe […]
Read moreMy Exhaustive (Exhausting?) Review of Stephanie Kelton’s New MMT Book
Jeff Deist urged me to review this, and I’m glad he did. An excerpt: I’ve got good news and bad news. The good news is that Stephanie Kelton—economics professor at Stony Brook and advisor to the 2016 Bernie Sanders campaign—has written a book on modern monetary theory (MMT) that is very readable and will strike […]
Read moreBernie Jackson on a Flaw with MMT Analogies
Or rather, why Warren Mosler’s analogies don’t do what Mosler thinks. (For context see my interview with Warren.) Bernie Jackson emailed me (and said I could reproduce) the following: MMT’s referee & ticket analogies fail on their own terms and illustrate the MMT flaw! Bob, When the referee puts points on the board, the points […]
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