I can see the political argument against it, but at the end of the day I think that’s a marketing issue. Japan vehemently denies that any allegations of using MMT, but MMT has been very good at predicting japanese economic outcomes.
It’s definitely not mainstream though, I agree with you there, but I would argue that that’s because there’s a lot of people who would have to admit they were wrong for decades if MMT was accepted.
It’s definitely not mainstream though, I agree with you there, but I would argue that that’s because there’s a lot of people who would have to admit they were wrong for decades if MMT was accepted.