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7 tweets,
5 min read
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1/ @DougHenwood's [COUGH] critique of #MMT, and three responses by MMT economists and scholars.
[#LearnMMT THREAD]
Henwood's piece: jacobinmag.com/2019/02/modern…
[#LearnMMT THREAD]
Henwood's piece: jacobinmag.com/2019/02/modern…
2/ #MMT Economist @ptcherneva: "Henwood is tethered to the wealthy by an imaginary umbilical cord. Time to cut the cord. MMT has a profound emancipatory power. jacobinmag.com/2019/02/mmt-mo…
3/ #MMT scholars @videotroph, @nathanTankus, @RohanGrey, and @RaulACarrillo: "For Henwood, the left’s role is merely to argue extra hard for corporations and the wealthy to pay their 'fair share' of taxes." mronline.org/2019/05/02/mod…
4/ #MMT economist L. Randall Wray: "Henwood's posted a critique that amounts to little more than a character assassination. It is what I’d expect of him in his reincarnation as a Neoliberal critic of progressive thought." neweconomicperspectives.org/2019/02/respon…
@threadreaderapp unroll
A mistake in this thread caused this goofball exchange between MMTers. Fixing the mistake orphaned the topmost tweet, so here it is for economically accurate posterity.
