The Great Krugman vs. MMT Debate

Krugmans gonna krug.

There’s already been some Austrian responses to MMT nonsense, and I’m not sure how useful it would be for anyone to try to join in that fight.

Have a look:

MMT redux

An Austrian Critique of MMT?

And just in case you don’t catch it in those long threads:

Can Government’s Finances Be Compared to a Household’s?

The Upside-Down World of MMT