Kinda seems like they should be public utilities, like railroads
I’m sorry, did you say NATIONALIZE THE FUCK OUTTA THE AIRLINE INDUSTRY
There will be a 'bl00's review. If you look up anyone's review of MMT you mostly get piss, vinegar and outrage. This is unfortunate, and fundamentally due to the fact that the people who review MMT disagree with its dogma, not its construction. Dogma be damned, the justifications, arguments and construction of MMT are fucking phantasms. I'm finishing this book mostly so I can be a dick to people about MMT.
Please do write the review of anything to do with the laffer curve. If you've already done so, please share. My conservative uncle keeps throwing it in my face like it's proven theory. The "gravity" of economic policy.
You would likely enjoy the writings of Ken Galbraith. He was a clever guy and a pithy writer. That "known unknowns" quote we blame on Rumsfeld started life as ...when talking about the Federal Reserve in The Great Crash. Here's what he had to say about the Laffer Curve:“There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.”
“If you feed enough oats to the horse, some will pass through to feed the sparrows."