Home » xyzzy » Dungeon » Modern Monetary Theory (or, how I stopped worrying about the natl debt.)
Re: Modern Monetary Theory [message #91687 is a reply to message #91686] Sat, 11 April 2020 19:19 Go to previous messageGo to previous message
Rusty is currently offline  Rusty
Messages: 1188
Registered: May 2018
Location: Kansas City Missouri
Illuminati (3rd Degree)
No reinventing the wheel. It's been there all along they say. Just like Pluto was before being discovered. Planet or not. Someone pointed out a Max Planck saying that innovation becomes accepted from death, (of it's detractors). Parts of classical economics are still very valid. Adam Smith asserted that progressive taxation should be based on the income from those who make money while they sleep.
 
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