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  • joseba

    Comment:

    https://www.blogger.com/comment.g?blogID=2761684730989137546&postID=7472208310455288489

    “Given the simplicity of MMT’s solution for recessions, you wonder why so few professional economists criticise MMT. I suspect the reason is that professional economists HATE simple solutions to economic problems. That’s first because the existence of a simple solution to a problem which they claim is complex would make them look stupid.

    Second, they hate solutions to problems because that would put some of them out of work. As Upton Sinclair put it, “It is difficult for a man to see the truth when his salary depends upon not seeing it.””

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