Re:A Beginner’s Guide to MMT
by airstrike on Thursday March 21, 2019 @04:07PM
(#19456694)
It's also such a disingenuous name – "modern" monetary theory. To the layman, it automatically reads like a new and improved understanding of Economics, when in reality it's just another theory, and not even a very mainstream one at that.
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It started as a joke. It's called "modern" because it only applies to the past 4000 years.
https://www.nakedcapitalism.com/2018/10/randy-wray-modern-mo...