Tuesday, April 2, 2013

Wall Street and the mainstream

Just posted on Blanchard and the role of the IMF in understanding and acting on what it learned after the crisis. I was reminded of that great documentary Inside Job.
And there lies the problem. Institutions are in place to maintain the 'right' kind of learning.

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Galbraith on MMT and the Hyperinflation Boogeyman

From his recent piece : "Does this mean that 'deficits don’t matter'? I know of no MMT adherent who has made such a claim. M...