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Got a piece up on Polanski, MMT, economic policy and all that. Punchline: Polanski is right that the current institutional and operational framework is past its sell by date, and Greens are asking the right questions — but Richard Murphy’s MMT is not the answer. blogs.lse.ac.uk/politicsandp...
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blogs.lse.ac.uk
Zack Polanski is pushing some new ideas about economics, inspired by Modern Monetary Theory. But MMT is not a credible basis for a progressive left agenda.
Zack Polanski gets economics wrong | LSE British Politics
Jo Michell