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1. tptace+(OP)[view] [source] 2024-08-30 22:42:27
Yeah I think most of my argument is political, though I think I'm on reasonably steady ground saying that MMT isn't mainstream. We will at some point become irritating enough to lure actual economists in here to dunk on us.
replies(1): >>amroch+3C
2. amroch+3C[view] [source] 2024-08-31 09:17:09
>>tptace+(OP)
I can see the political argument against it, but at the end of the day I think that’s a marketing issue. Japan vehemently denies that any allegations of using MMT, but MMT has been very good at predicting japanese economic outcomes.

It’s definitely not mainstream though, I agree with you there, but I would argue that that’s because there’s a lot of people who would have to admit they were wrong for decades if MMT was accepted.

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