tag:blogger.com,1999:blog-2098432983500045934.post928488994067240906..comments2024-03-12T22:19:32.339-04:00Comments on The New Arthurian Economics: A dog's lifeThe Arthurianhttp://www.blogger.com/profile/16501331051089400601noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2098432983500045934.post-69368466628970076042011-04-17T16:05:34.774-04:002011-04-17T16:05:34.774-04:00Greetings Jazz
Waldmanns statement is quite true ...Greetings Jazz<br /><br />Waldmanns statement is quite true and under the conditions he gives I think MMT holds up pretty well as an explanatory model.<br /><br />CheersGreghttps://www.blogger.com/profile/03139782404004492965noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-57761863078121650352011-04-17T09:02:09.337-04:002011-04-17T09:02:09.337-04:00From Waldman at Greg's link.
MMT is not “true...From Waldman at Greg's link.<br /><br /><i>MMT is not “true”, but then no theory is “true”. We ultimately judge theories by how useful they are, both in making sense of “the data” we already know and in offering guidance for policy going forward. </i><br /><br />A brief Anti-Absolutist Manifesto.<br /><br />Cheers!<br />JzBJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-92216176381201891762011-04-17T08:58:33.464-04:002011-04-17T08:58:33.464-04:00The real message is how good the dogs are at train...The real message is how good the dogs are at training you.<br /><br />Cheers!<br />JzB<br />We don't need no stinking pets. We have grandchildrenJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-74043118008738237872011-04-17T08:30:55.189-04:002011-04-17T08:30:55.189-04:00BTW Art, there is an outstanding discussion of MMT...BTW Art, there is an outstanding discussion of MMT by a non MMT economist over here;<br /><br />http://www.interfluidity.com/v2/1357.html<br /><br />Steve Waldmann is one of my favorite writers on the web. I think he does a great job of putting the MMT paradigm in perspective.<br /><br />The discussion section is getting over 200 comments but it would be worth your time I think to peruse it.<br /><br /><br />Waldmann also has a lecture here at a recent conference. You can find it in session 2 (the one by Wray is worth listening to too)Greghttps://www.blogger.com/profile/03139782404004492965noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-70766829918446181772011-04-17T07:37:45.329-04:002011-04-17T07:37:45.329-04:00Very true.
There is something else too illustra...Very true. <br /><br />There is something else too illustrated by a cartoon my son told me he was sent talking about the difference between dogs and cats.<br /><br />In the cartoon they show a dog looking at his owner and he is thinking " This guy feeds me, plays with me, keeps me warm when its cold ........ HE must be GOD!!"<br /><br />The next picture has a cat saying " This guy feeds me, plays with me, keeps me warm when its cold.....<br />I must be GOD!"<br /><br />I think we are like the catGreghttps://www.blogger.com/profile/03139782404004492965noreply@blogger.com