Summer rerun: Misunderstanding Modern Monetary Theory
Okay so monetary theory doesn't get you excited, but this piece is more than just a dry, academic debate, it speaks to who is saying what and why. Admirers of uberKeynesian Paul Krugman may not like the article, but even they will benefit from reading it.
(And read Galbreath's important comment at the bottom.)
http://www.nakedcapitalism.com/2011/08/summer-rerun-misunderstanding-modern-monetary-theory.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29&utm_content=Yahoo!+Mail
