Earlier today I had an exchange with @StephanieKelton. She referred me to a paper. I read the paper and it makes my point and contradicts her claim. There is a broader lesson here about whether MMT is an alternative positive theory or normative fram

Noah Smith @NoahSmith · Apr 9, 2021

Good thread about how digging into econ models can help clarify debates.

Tweet Apr 8, 2021

by Jason Furman

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