Chris Dillow — Deficit Fetishism

Chris Dillow does some sectoral balances to counter deficit fetishism but says he is not a full-on MMT'er in that it's not possible to know before hand what effect expanding deficits would have on markets, effectively nodding to the bond vigilantes. But he does give a shout-out to MMT and provides a link to the Wikipedia article on Modern Monetary Theory.

Stumbling and Mumbling
Deficit Fetishism
Chris Dillow | Investors Chronicle

(h/t Ralph Musgrave)