While people are dying of a pandemic and economic consequences, the smart people are talking about how Martians might repo Earth.

    • Sphere [he/him, they/them]
      ·
      4 years ago

      He explicitly disagrees with MMT, actually, so it wouldn't help even if I managed to convince him to read it.

      • hogposting [he/him,comrade/them]
        ·
        4 years ago

        In theory it could address whatever criticisms he has of MMT, but yeah, he might just be a lost cause on this issue.

      • rolly6cast [none/use name]
        ·
        edit-2
        4 years ago

        Even via orthodox modern neoclassical economics debt/deficit hawkery isn't necessary, you might want to use Japan's debt to GDP ratio for example. Don't need MMT, and MMT has its own flaws.