Commentaries (some of them cheeky or provocative) on economic topics by Ralph Musgrave. This site is dedicated to Abba Lerner. I disagree with several claims made by Lerner, and made by his intellectual descendants, that is advocates of Modern Monetary Theory (MMT). But I regard MMT on balance as being a breath of fresh air for economics.
Thursday, 10 November 2016
Steve Keen’s strange ideas on debt.
I decided this article left considerable room for improvement, so I’ve scrubbed it and re-written it. Please see here.