"The first principle is that you must not fool yourself and you are the easiest person to fool." - Richard Feynman
"You Yanks don't consult the wisdom of democracy; you enable mobs." - Australian planner
Monday, August 5, 2019
Everything You Wanted to Know about Modern Money Theory - Bloomberg interviews Randall Wray
One observation worth repeating: Government mobilized 50% of the economy to deal with World War II. By Modern Money Theorists' calculation, only 5% of the economy would be needed for the Green New Deal.
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One of the objects if this blog is to elevate civil discourse. Please do your part by presenting arguments rather than attacks or unfounded accusations.
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One of the objects if this blog is to elevate civil discourse. Please do your part by presenting arguments rather than attacks or unfounded accusations.