Ancient Money and MMT Mistakes | Two Great Discussions
The Marginal Non-Hermit
Short video today because where I really want you to go is over to the Mises Institute's channel and check out these two:
Anti-MMT Panel https://www.youtube.com/watch?v=vP7rSIuBtCU
One big panel including six excellent short talks covering a variety of serious issues with the MMT framework, from inaccurate reads of historical documents to internal contradictions in the ability to implement MMT prescriptions.
Menger vs. MMT on the Origins of Money https://www.youtube.com/watch?v=bKGW1lN1u-M
A great discussion between Jonathan Newman and Bob Murphy, going in depth and expanding upon Newman's recent diversion into archaeology and what he discovered about the ancient clay tablets MMTers say were money. Turns out, they never bothered to read the tablets or the papers of the archaeologists who discovered and studied them!
For more like this, visit my blog: https://marginalnonhermit.com
Thumbnail image from Wikimedia Commons: https://commons.wikimedia.org/wiki/File:Cuneiform_Writing_on_Clay_Tablet_-_36394195382.jpg
And intro music by Egor Gandukhin, courtesy Pixabay: https://pixabay.com/users/sounddelicious-44481665/
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