Okay, these two tweets are good.https://twitter.com/Claudia_Sahm/status/1490428090530598912 …
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And Jamie Galbraith basically agrees with everything they say so it’s all pretty weird
1/ Not weird at all. Larry poses as an advocate of intellectual diversity in the public sphere, but his real concern is who is allowed in the room behind closed doors to make the real decisions, and that certainly does not include Marxists or Post-Keynesians.
i think i’m with (iirc) dean baker in that i still don’t know what’s really all that different about mmt vs normal old keynesianism
I think that Bruenig is right about it being the same as Keynesian, with the differences basically being a semantic game. “Actual MMT” expressed by Kelton and other serious advocates isn’t just “you can spend infinity.” So it’s not *that* crankypic.twitter.com/oAl1EMbGTL
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