Thursday, November 29, 2012
John Carney — Monetarists at the Gate: Krugman Vs Austrian School
Mentions MMT, but mostly about Austrian economics. John explains the difference between the usual meaning of "inflation" in economics and how Austrian economics uses the term. They are conceptually different and this leads to confusion not only for critics of Austrian economics but also by some who profess to be following the principles of Austrian economics.
Monetarists at the Gate: Krugman Vs Austrian School