senexx: Rearranging the equations using Algebra showing working I get...
Rearranging the equations using Algebra showing working I get (I-S)+(G-T)+(X-M)=(T-G)+(S-I)+(M-X) which is fair enough but using X-M as NX I get (T-G)+(S-I)-NX which is just confusing !mmt I get the...
View Articlemagpie: !mmt This article came to my attention:...
!mmt This article came to my attention: http://www.economics.harvard.edu/files/faculty/40_whatdobudgetdeficitsdo.pdf At one stage, the author concludes that S=Y-C-G. Using then Y=C+I+G+NX, he goes on...
View Articlemagpie: !mmt I thought hopefully some of the local MMT gurus could have a...
!mmt I thought hopefully some of the local MMT gurus could have a look at the article and then we could discuss if the error I think I found is real.
View Articlemagpie: !mmt A question for MMTers from Angry Bear: What Happens if IOR...
!mmt A question for MMTers from Angry Bear: What Happens if IOR (interest on reserves) Goes to Zero? http://www.angrybearblog.com/2012/01/question-for-market-monetarists-and.html
View Articlemagpie: A little "History of Modern Monetary Theory". I can't tell how...
A little "History of Modern Monetary Theory". I can't tell how accurate it is (that's up to !mmt gurus to judge) but interesting, nevertheless....
View Articlemagpie: Dear all. As @sean is interested in why !mmt is so misunderstood,...
Dear all. As @sean is interested in why !mmt is so misunderstood, this post might be of some interest: "On Folly, Master Chefs and Bonhoeffer"...
View Articlesenexx: @sean you were very quiet on the recent !mmt JG debates - care to add...
@sean you were very quiet on the recent !mmt JG debates - care to add any thoughts? You can see a link to practically all recent criticisms and responses here http://pear.ly/9RAb
View Articlemagpie: @sean I agree with @senexx on this. And I'd go further: this debate...
@sean I agree with @senexx on this. And I'd go further: this debate has left me quite disheartened about the long-term political convenience of !mmt (not the short-term economic implications). And as...
View Articlemagpie: @sean and MMTers in general: follow up to the WaPo article. Matías...
@sean and MMTers in general: follow up to the WaPo article. Matías Vernengo has his own comments and links to Dean Baker and Jared Bernstein:...
View Articlemagpie: !mmt "MMT as an ECB Alternative: 2,181 Italians pack a Sports Arena...
!mmt"MMT as an ECB Alternative: 2,181 Italians pack a Sports Arena to learn Modern Monetary Theory" http://michael-hudson.com/2012/02/mmt-theory-as-an-ecb-alternative/
View Articlemagpie: @sean, @ramanan and !mmt gurus, I'm very interested in your opinion...
@sean, @ramanan and !mmt gurus, I'm very interested in your opinion on the Kalecki profit equation. I've read "Where Profits come From" (Levy et al) and although I think I understand the idea, it does...
View Articlemagpie: By the way, the previous comment could be of interest to MMTers !mmt
By the way, the previous comment could be of interest to MMTers !mmt
View Articlesenexx: !politics Tony Abbott budgetary problem is allegedly a $70Bn hole but...
!politics Tony Abbott budgetary problem is allegedly a $70Bn hole but not if u follow !mmt or mmr 2 I guess so the question in what facet of life will his spending cause excessive inflation and thus...
View Articlemagpie: !mmt URPE is holding a summer school for Occupy Wall Street and...
!mmt URPE is holding a summer school for Occupy Wall Street and asking for brief essays (<=1K words) explaining the GFC. Maybe MMT gurus would be interested? http://www.urpe.org/
View Articlesenexx: So is Cesarrato (sp?) argument basically the same one @ramanan has...
So is Cesarrato (sp?) argument basically the same one @ramanan has been making in regards to !mmt ?
View Articlesenexx: I think I've answered all the unanswered questions on...
I think I've answered all the unanswered questions on http://modernmoney.wordpress.com/ now !mmt
View Articlesenexx: @paddy @garyj @zebra you guys are all in the !mmt group but are you...
@paddy @garyj @zebra you guys are all in the !mmt group but are you just interested in the concept or are you sympathetic to the idea?
View Articlesenexx: @sean a while back Delong described MMT solely as Lerner's functional...
@sean a while back Delong described MMT solely as Lerner's functional finance (we know that's wrong) but put it as r < g with a high probability of forever. I now know thats real interest rate <...
View Articlemagpie: @ramanan @sean !mmt Now I've got a famous online mate! Like Aussie...
@ramanan @sean !mmt Now I've got a famous online mate! Like Aussie kids used to say until a few years ago "kewel, man!"
View Articlesenexx: !mmt...
!mmthttps://docs.google.com/spreadsheet/ccc?key=0Akqoofo_bGPcdFJ4ZnNQU3RBU3hVdkVwOGtyTnQ3VEE#gid=1 Data taken from Trading Economics on Canada (NO I DID NOT MAKE THIS) & I just want to check the...
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