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.