Seems pretty clear to me that MMT is demonstrably right about deficits/inflation and mistaken about class powerhttps://www.nytimes.com/2022/02/06/business/economy/modern-monetary-theory-stephanie-kelton.html …
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Replying to @BigMeanInternet @davidimarcus
Keynesianism redux in that sense.
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Replying to @HeerJeet @BigMeanInternet
Sounds aslo a bit like the reform liberal tradition in the US as a whole too
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Replying to @davidimarcus @BigMeanInternet
Yeah, it's weird that it freaks out the Summers of the world so much.
7:44 PM - 6 Feb 2022
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