Warren Mosler - Soft Currency Economics

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Alphaville
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Warren Mosler - Soft Currency Economics

Post by Alphaville »

Warren Mosler is the godfather if MMT.

Stephanie Kelton says when she first read Mossler she couldn't believe what she saw.

Here you go:

http://moslereconomics.com/wp-content/u ... -paper.pdf
Warren Mosler wrote:The purpose of this work is to clearly demonstrate, through pure force of logic, that much of the public debate on many of today's economic issues is invalid, often going so far as to confuse costs with benefits. This is not an effort to change the financial system. It is an effort to provide insight into the fiat monetary system, a very effective system that is currently in place

ducknald_don
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Re: Warren Mosler - Soft Currency Economics

Post by ducknald_don »

"through pure force of logic"

He should have chosen mathematics rather than economics if he wanted to start proving things.

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Alphaville
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Re: Warren Mosler - Soft Currency Economics

Post by Alphaville »

ducknald_don wrote:
Tue Apr 13, 2021 7:31 am
"through pure force of logic"

He should have chosen mathematics rather than economics if he wanted to start proving things.
thomas sowell's book also famously had no equations

mosler does however contain facts and figures and also logical reasoning when trying to show how fiat money operates.

so far an interesting read either way.

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