26 February 2019, 05:27 PM
jon-nycKrugman to the MMT crowd: no more Calvinball
https://www.nytimes.com/2019/0...-on-mmt-wonkish.html26 February 2019, 08:06 PM
MikhailohNeed a like button.
26 February 2019, 08:39 PM
QuirtEvansquote:
arguing with the MMTers generally feels like playing Calvinball, with the rules constantly changing: every time you think you’ve pinned them down on some proposition, they insist that you haven’t grasped their meaning.
That rings so true. Substitute certain names for MMTers, and I couldn't agree more.
26 February 2019, 08:42 PM
Piano*DadI like when Krugman actually writes clear economics.
27 February 2019, 12:38 AM
HoraceEzra Klein on a recent podcast hosted a discussion between Stephanie Kelton, prominent MMT proponent, and Obama's economist Jason Furman. I didn't get much out of it but noted that Mr Furman was trying hard to contain his scorn and take the discussion seriously.
The rubber hits the road by identifying a)differences in policies advocated by the two views and b) differences in predictions of outcomes, given a policy. It should be possible to base a discussion on that, but this was not such a discussion.
27 February 2019, 07:33 AM
DanielPaul who?
27 February 2019, 07:57 AM
jon-nycWho said anything about Paul? This thread is about Jack.
27 February 2019, 08:01 AM
MikhailohOK, Calvin-NYC.
27 February 2019, 10:12 AM
DanielMMT is a "thing". CLS is a "thing" too. *Shrugs*
27 February 2019, 10:34 AM
QuirtEvansClimate change denial is a thing, too. Anti-vax is a thing. Believing that abortion is murder is a thing.
Some things are better than others.