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  1. proslijedio/la je Tweet

    I assume at 5 pm the Dem Party will announce they are contracting with McKinsey to fix the app.

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  2. proslijedio/la je Tweet

    This policy brief repeats the false assertion that cancelling student debt is regressive because a large share of the total $$ spent goes to the top half of the income distribution. That is not how we calculate progressivity in most policy analysis.

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  3. proslijedio/la je Tweet
    prije 6 sati
    Odgovor korisnicima i sljedećem broju korisnika:

    you should do the right thing and have another MMTer on to correct the misrepresentations made in the second half of your interview.

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  4. proslijedio/la je Tweet
    prije 6 sati
    Odgovor korisnicima i sljedećem broju korisnika:

    What's the point of having a debate on MMT and only actually having an MMT expert for half of the segment? They made multiple incorrect statements and there was no one to correct them, including your host. You did a disservice to your listeners.

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  5. prije 7 sati

    Nearly everyone: Countries doing X have hyperinflation; Y constrains govt, so Y>X MMT: X doesn't work how you think it does & Y doesn't constrain. Y or X is fine. Our views on X & Y are in 100s of publications Nearly everyone: MMT wants X; X creates hyperinflation. MMT=bad

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  6. proslijedio/la je Tweet
    Odgovor korisnicima i sljedećem broju korisnika:

    Thought we had an understand re: the use of “printing money.” No one is proposing that, so I do hope listeners aren’t given that impression.

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  7. prije 9 sati

    Aside from Post Keynesian critics, & w/ very, very few exceptions beyond that, I seriously doubt there are critics of MMT among press, policymakers, economists, etc. that can merely name 3 academic MMT publications. Yet they all 'know' MMT is wrong, confusing or ='printing money'

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  8. prije 9 sati

    Arguing that the people in the party should be "dedicated to propelling the interests of the party" is the worst take ever. That's exactly what the majority party in the Senate is doing right now. When the 'dedication' is to the interests of the party, the people lose.

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  9. proslijedio/la je Tweet

    Excited for the OAS report on the Iowa election meltdown

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  10. proslijedio/la je Tweet

    If only the app was the price of bread so Pete could fix it

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  11. 4. velj

    Krugman: I can't figure out MMT Also Krugman: I've never cited an academic MMT publication in anything I've ever written or said about MMT. Aaaaaannnddd also Krugman: MMT is wrong.

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  12. proslijedio/la je Tweet
    3. velj

    I agree with Summers and Blanchard FYI that we need a term for what they call "semiautomatic stabilizers". That term is sloppy though and reflects economists neglect of law. From a legal point of view I think they should be termed Mandatory Administrative Agency Policy.

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  13. proslijedio/la je Tweet
    3. velj

    This piece cites the book as a whole but given its in depth discussion of using unemployment as a trigger it really should cite 's chapter specifically.

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  14. 3. velj

    Good to see some work on fiscal policy. But, seriously--no mention of Sahm anywhere in the paper? I fully expected no mention of JG from them, but didn't expect them to ignore the 1 paper that's actually operationalized the exact thing their entire paper is about.

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  15. proslijedio/la je Tweet

    A wealth tax, however desirable, will not raise black wealth levels to white levels. It can lower white levels toward black levels, but that’s not the best way to eliminate the racial wealth gap. Close it by raising black levels to pretax white levels.

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  16. proslijedio/la je Tweet
    2. velj

    Hilariously inappropriate for this PhD and writer with a huge platform to block me, tell people they should block me and then screenshot tweets of mine to make fun of without being able to respond. Why are you so obsessed with me Noah?

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  17. proslijedio/la je Tweet

    If you told me in 2016 that I’d be singing Bernie’s praises, I’d have been really surprised. But the thing is, his disability plan dropped yesterday, and it’s *great*.

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  18. 2. velj

    "Yes, CBO & economists have repeatedly been wrong on govt debt & bond mkts, but a 'wise' govt hedges against them being wrong next time." WRONG. 'Wisdom' = Seeking out those who keep getting it right so you can figure out how it actually f#&king works

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  19. proslijedio/la je Tweet
    1. velj

    At the end of the day, I'm just not very interested in the opinions of the strategy wizards who ran with "" instead of "."

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  20. proslijedio/la je Tweet
    1. velj
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