Why is it that the more I read about Modern Monetary Theory (MMT) the less I understand what it is?
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The amount of misleading information about mmt out there is staggering, but I can recommend some people to you if you're interested in researching.
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Sure, I'm always open to suggestions --- although I've been reading people sympathetic to it as well.
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There are many resemblances to classical Keynesian Theory. If you're looking for a way to differentiate it, the "job guarantee" would be one.
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It's really a fundamentally different model than Keynesianism. I have no idea if MMT is a useful model in the real world or not, but it's pretty interesting. And the demagoguery of otherwise sane-seeming economists in their zeal to discredit MMT is kinda stunning.
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