Daily Archives: July 23, 2013

An MMT vs Austrian Debate Post-Mortem Part IV of V: The (Legal) Extension of the MMT Case

By Rohan Grey

[Part I] [Part II] [Part III] [Part IV] [Part V]

Don’t be confused by surfaces; in the depths everything becomes law.”
- Rainer Maria Rilke

As noted at the end of the previous section, I found the debate engaging but ultimately frustrating, as Murphy’s critique of the coercive nature of our modern monetary system, while morally seductive, begged the question: “Ok, but what is your alternative?”

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