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comment by am_Unition




kleinbl00  ·  1609 days ago  ·  link  ·  

What the fuck is wrong with people? Asshole wrote four posts in which he doesn't mention MMT at all, barely mentions the book, and then when you put a gun to his goddamn head he resorts to referring to a paper written years before.

See, this is my beef: this shit isn't hard. It's typical pseudoacademic econobullshit: take a common term, wrap it in jargon, then act like you've created fucking magic. NO. Fuckin' MMT is FOUR GODDAMN POINTS (even the fucking wikipedia gets it down to 5, of which 5 is "the government doesn't need to issue bonds" but considering how hand-wavey MMT wants to be about the concept of "bonds" I don't see how it needs to be its own point).

You don't need four fucking blog posts and a twittertoss to goddamn Paul Krugman to do a fucking book review.

b_b  ·  1609 days ago  ·  link  ·  

    ...typical pseudoacademic econobullshit: take a common term, wrap it in jargon, then act like you've created fucking magic.

Remember when "antifragile" was a thing for like a day? I remember yelling at the TV, "It's called 'stability' you fuckhead."

kleinbl00  ·  1609 days ago  ·  link  ·  

Those of us who follow economists on Twitter still deal with "antifragile" (and Nassim Fucking Nicholas Fucking Taleb) on the daily.

I had a financial planner once sell me on this. The secret to success is to come up with some fucking metric within your field, popularize it far and wide, and cash in on everyone who uses it. et voila, expertise.

Black Swan starts with the statement "no one predicted WWII" as if Churchill and Wilson hadn't written about it extensively.

b_b  ·  1609 days ago  ·  link  ·  

I'm sorry to hear that's still a thing. That's the benefit of exploiting a public who is woefully unfamiliar with old ideas.