MMP Blog #41: MMT for Austrians Part 4: Is Description Without Theory, Ideology or Policy Desirable? Is it Even Possible?
The answer to both questions posed in the title is, I think, a big fat no.
The answer to both questions posed in the title is, I think, a big fat no.
A response to John Carney’s published works because I think they are the most cogent MMT critiques the Austrians have to offer.
The public purpose is an evolving concept. The national government must play an important role in society as it helps to identify the social purpose and to establish a social structure in which individuals and groups will work toward achieving the public purpose.
I will be making policy recommendations that are consistent with MMT. You do not have to like mine; you can come up with your own.
The American healthcare system is the worst of all possible worlds. Unlike every other wealthy country, the US leaves its health insurance to the private sector, where your health and your life are a distant second to shareholder profits.
If we hope to build an America that works in the interests of the working class, then we must transcend the partisan culture war and come together around working class issues.