{"id":1068,"date":"2011-03-28T10:03:37","date_gmt":"2011-03-28T14:03:37","guid":{"rendered":"http:\/\/www.multiplier-effect.org\/?p=1068"},"modified":"2011-08-11T16:56:25","modified_gmt":"2011-08-11T16:56:25","slug":"krugman-galbraith-and-others-debate-mmt","status":"publish","type":"post","link":"https:\/\/blogs.bard.edu\/multiplier-effect\/krugman-galbraith-and-others-debate-mmt\/","title":{"rendered":"Krugman, Galbraith, and others debate MMT"},"content":{"rendered":"<p><a title=\"Krugman's blog on Modern Money\" href=\"http:\/\/krugman.blogs.nytimes.com\/2011\/03\/26\/a-further-note-on-deficits-and-the-printing-press\/\">Paul Krugman slugs it out with our colleague Jamie Galbraith<\/a> and many other &#8220;modern monetary theory&#8221; partisans at Krugman&#8217;s <em>New York Times<\/em> blog website. Jamie&#8217;s most recent retort is at the top of <a title=\"commentary page at Krugman's blog\" href=\"http:\/\/community.nytimes.com\/comments\/krugman.blogs.nytimes.com\/2011\/03\/26\/a-further-note-on-deficits-and-the-printing-press\/?sort=oldest&amp;offset=2\">this page of the blog site<\/a>. Many of the points raised in the discussion there are central to our work here at the Levy Institute and to the views of Galbraith and others in <a title=\"macro link at Levy Institute site\" href=\"http:\/\/www.levyinstitute.org\/research\/?prog=2\">our macro research group<\/a>.<\/p>\n<p><em>Update: <\/em>More links to the ongoing Krugman-MMT debate can be found <a title=\"Vienneau blog on Krugman-MMT Debate\" href=\"http:\/\/robertvienneau.blogspot.com\/2011\/03\/brouhaha-over-krugman-on-endogenous.html\">here<\/a>.\u00a0 -G.H., March 31.<\/p>\n<p><em>Update, August 11: <\/em><a title=\"link to Krugman's new blog post on MMT\" href=\"http:\/\/krugman.blogs.nytimes.com\/2011\/08\/11\/franc-thoughts-on-long-run-fiscal-issues\/\">Krugman on MMT again<\/a>, this time drawing lessons from French fiscal policy between World Wars I and II.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paul Krugman slugs it out with our colleague Jamie Galbraith and many other &#8220;modern monetary theory&#8221; partisans at Krugman&#8217;s New York Times blog website. Jamie&#8217;s most recent retort is at the top of this page of the blog site. Many of the points raised in the discussion there are central to our work here at [&hellip;]<\/p>\n","protected":false},"author":193,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,49,112,40],"tags":[],"class_list":["post-1068","post","type-post","status-publish","format-standard","hentry","category-employment","category-fiscal-policy","category-modern-monetary-theory","category-monetary-policy"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/1068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/users\/193"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/comments?post=1068"}],"version-history":[{"count":8,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/1068\/revisions"}],"predecessor-version":[{"id":1085,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/1068\/revisions\/1085"}],"wp:attachment":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/media?parent=1068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/categories?post=1068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/tags?post=1068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}