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A comment on Tech experts urge Washington to resist crypto industry’s influence. Parent comment

Re:Tech experts urge Washington to resist crypto industry’s ... by md2020 on Wednesday June 01, 2022 @10:37AM (#31582397)
MMT is widely regarded as not in agreement with the few things we’re pretty sure we know about economics, and furthermore its proponents generally refuse to publish actual models of the system they propose. Here’s a good examination of an MMT model that finds it somewhat lacking:

https://noahpinion.substack.com/p/examining-an-mmt-model-in-...

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Re:Tech experts urge Washington to resist crypto industry’s ... by dools on Thursday June 02, 2022 @07:34PM (#31601990)
The opening line of this blog is:

> MMT, for those who aren’t familiar with it, is a small, cohesive group of people who go around telling the government to borrow more and spend more.

Which is fundamentally incorrect and betrays a misunderstanding of MMT so his opinion is irrelevant

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Re:Tech experts urge Washington to resist crypto industry’s ... by md2020 on Saturday June 11, 2022 @06:52PM (#31709263)
Do you have a PhD in Economics? The author does, so I’m going to take his understanding of it over yours for now. He is fundamentally right that MMT proponents are reluctant to publish models, while proponents of other economic theories aren't. If you won't publish a model because you're afraid it won't stand up to scrutiny, you don't get to be taken seriously.
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