Thanks for the mention! Also, this article was interesting. It’s an important read for many people because they throw these terms around without knowing how they are really measured. Have you read The Deficit Myth? I’d be curious to know your opinion.
I haven't read that - something I will look into. I have seen related writings to it. I think there is actually quite a bit of overlap between the MMT school and "traditional" school, so it's not surprising that these ideas are being discussed. Regarding the government debt, for example, I wrote about it in the context of simply a inter-generational saving tool that should be optimized, rather than how it is often perceived as something that needs to be minimized - https://www.nominalnews.com/i/135920535/part-ii-government-debt-from-an-economic-perspective
Thanks for the mention! Also, this article was interesting. It’s an important read for many people because they throw these terms around without knowing how they are really measured. Have you read The Deficit Myth? I’d be curious to know your opinion.
I haven't read that - something I will look into. I have seen related writings to it. I think there is actually quite a bit of overlap between the MMT school and "traditional" school, so it's not surprising that these ideas are being discussed. Regarding the government debt, for example, I wrote about it in the context of simply a inter-generational saving tool that should be optimized, rather than how it is often perceived as something that needs to be minimized - https://www.nominalnews.com/i/135920535/part-ii-government-debt-from-an-economic-perspective