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The Great Krugman vs. MMT Debate

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Jerry Payton posted on Wed, Apr 4 2012 12:46 PM

Wondering if there's been an Austrian response to the debate between Krugman/Rowe and Keen/Fulwiller?  I realize it's the same old song and dance, but this is a high profile debate and Krugman has gone so far as to insult the MMT crowd by comparing them to the Austrian School.  For the sake of public realtions, it seems like it might be a good idea to chime in.

http://www.cnbc.com/id/46944145

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Krugmans gonna krug.

 

There's already been some Austrian responses to MMT nonsense, and I'm not sure how useful it would be for anyone to try to join in that fight.

Have a look:

MMT redux

An Austrian Critique of MMT?

 

And just in case you don't catch it in those long threads:

Can Government's Finances Be Compared to a Household's?

The Upside-Down World of MMT

 

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