I spent my formative years watching overconfident macroeconomists be spectacularly wrong about the Great Recession. Now are we supposed to bet our entire economy on the idea that MMT, whose assumptions are even less clear, is immaculately infallible?https://www.bloomberg.com/opinion/articles/2019-03-04/u-s-economy-great-recession-and-modern-monetary-theory-link …
Boring old counter-cyclical fiscal policy is the 'eat right and get some excercise' to the supply-side Atkins and the MMT Keto diets. The right way is just too boring for some people so they have to invent some magic shortcut