4min chapter

The New Liberal Podcast cover image

What's wrong with MMT? ft. Eric Leeper & Ben Ritz

The New Liberal Podcast

CHAPTER

I Think the M M T Advocates Don't Understand This Basic Economic Point, That Prices Convert Dollars Into Resources

"I think the statement that this is really a about politics and spending priorities rather than economic analysis, is accurate," he says. "You kind of can't argue with her, because, again, there's no formal model written down." The paper was published on Monday in the journal American Economic Review.

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