Recent events ignited a fierce arguments among economists about the federal debt. It's a critical debate, and it's critical the U.S. government invests more in our people and our planet immediately.
Love your discussion of Joan Robinson and Samuelson. I studied econ at Cambridge (Eng) in the early 70s and had the privilege of meeting her a few times. Loved her writing - for the most part not formally mathematical in the sense of equations but absolutely rigorous, reading it was like trying to solve a puzzle. Great injustice she never got the Nobel
Some of those quotations from the 1948 Samuelson would sit well within an MMT talk by Stephanie Kelton or Warren Mosler. Memo to future historians of economics: Were these retained in future versions of Samuelson's textbook? In Mankiw's?
Love your discussion of Joan Robinson and Samuelson. I studied econ at Cambridge (Eng) in the early 70s and had the privilege of meeting her a few times. Loved her writing - for the most part not formally mathematical in the sense of equations but absolutely rigorous, reading it was like trying to solve a puzzle. Great injustice she never got the Nobel
Typo: "CHILDREN WHO WENT TO BE HUNGRY"
Some of those quotations from the 1948 Samuelson would sit well within an MMT talk by Stephanie Kelton or Warren Mosler. Memo to future historians of economics: Were these retained in future versions of Samuelson's textbook? In Mankiw's?