MMT is now being criticized by economic pundits, particularly from conservative think tanks. This commentary is a rebuttal to one such article.
So long as progressive leaders are allowed to back-pedal on this topic—to try, somehow, to go forward based on the old economics of “commodity” money—little progress can ever be made to address the Big Three challenges that are growing more formidable every day.
How should she cope with that situation, which she is sure to hit soon if she hasn’t already gotten there? Well, here is where MMT can help her and other progressive candidates.
It’s a resolution to destroy harmful and outdated economic mindsets.