Thursday, October 10, 2019

MMT in Developing Countries at the Real News Network

Full transcript of the short interview here. Paper was linked before. Note that we say that Functional Finance does apply to developing countries, but that the insistence of the advantages of flexible exchange rates, as opposed to managed regimes with capital controls, are not correct.

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Ken Rogoff on Milei and the IMF

  Another Excel... ent work* This is from a few weeks ago, but only now I had some time to post about it. Ken Rogoff has been doing the roun...