Friday, 6 November 2020

Positive Money goes all woke.

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  This is the third instalment of a series of articles of theirs on the transatlantic slave trade of two to three hundred years ago. N...
Wednesday, 4 November 2020

Covid shows that MMT is in the E=MC2 league.

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  Science attaches importance to ideas and equations in proportion to their simplicity and how much they explain. For example Einstein’s the...
Sunday, 1 November 2020

The BBC’s Dharshini David tries to enlighten us on how to pay for the debt caused by Covid.

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That’s in this presentation by her for the BBC.  She trotts out the usual nonsense that comes from people who think government debt can be ...
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Wednesday, 28 October 2020

Richard Murphy thinks he’s spotted a flaw in MMT.

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  That’s in his article entitled “Why can’t we have hypothecated savings, provided by the government?” Richard Murphy basically supports MM...
Monday, 26 October 2020

Thomas Picketty makes a couple of mistakes.

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That’s in his article entitled “What to do with Covid debt?” His first para claims that the large amount of money printed to deal with Covi...
Friday, 23 October 2020

George Selgin is keen as ever to promote private money printing.

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He has long argued for private banks to be allowed to create/print money and has also campaigned against letting central banks create money....
Thursday, 22 October 2020

Stephen King of the HSBC unfortunately writes an article about MMT.

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  It’s in the Financial Times and is entitled “MMT: The case against Modern Monetary Theory.” King is a senior economic adviser at HSBC....
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