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4min chapter
Deconstructing Economic Paradigms: Insights on MMT and Marxism with Jonathan Kadmon
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The Arguments for State Block Grants
A lot of the models for this are based off Canada where they have to ignore some of the problems with provincial administration of education and health care. And so it's, it still creates problems for Canada, you talk about the 1962 drachter strike for example. But if there is any danger to running a deficit, it is two things that come up in MMT one is you outstripe production. It's actually quite actively counterproductive and distracts energy from where you need to be putting it.
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