GhostOnTheHalfShell, (edited ) @economics@a.gup.pe #SteveKeen #mmt #economics
File this under the heading economics is not even a dismal science, because mainstream economics isn’t even science. Economics could actually be a rigorous discipline, if orthodoxy can be kicked out.
“ In contrast to its attitude to private debt, which it ignores, mainstream economics obsesses about government debt. But this volte-face doesn't besmirch its record of being 100% wrong.”
https://profstevekeen.substack.com/p/its-a-mixed-credit-fiat-world-e3f