MMP Blog #39: MMT for Austrians: Disagreements Among Reasonable People
A response to John Carney’s published works because I think they are the most cogent MMT critiques the Austrians have to offer.
A response to John Carney’s published works because I think they are the most cogent MMT critiques the Austrians have to offer.
You cannot possibly understand the debate about the government’s budget (and critique the deficit hysteria that has gripped our nation across the political spectrum from right to left) without understanding basic macro accounting.
The primary reason for imposing a tax at the federal level is to create a demand for the currency that the federal government can create at will.