William K. Black
March 13, 2019 Bloomington, MN
Fourth article in the Series on MMT
- Honest debaters do not create strawmen arguments about opposing theories and then claim victory by attacking their own strawmen.
When Krugman and a bevy of the “Very Serious People” (VSP) Krugman used to ridicule created and then attacked strawman MMT positions (e.g., using Roche’s rant), they were unintentionally revealing their knowledge that they did not believe they could dispute successfully MMT scholars’ real positions.
- Honest orthodox economists and journalist do not spread “myths” they know to be “obvious falsehood[s]” in order to deny MMT insights the orthodox economists and journalist know to be “obviously true.” The second “tell” that the VSPs know they cannot win an honest debate is this deliberate strategy of deceiving the public and elected officials through the VSPs’ myths about nations with fully sovereign currencies.
My first article quoted the “Very Serious People’s” admissions that MMT is “obviously true” and that the VSPs spread “myths,” quasi-religious “superstition,” and “obvious falsehood[s]” to deceive the voters and elected officials to reject MMT. VSPs are openly admitting that the reason they lie is that they believe that the voters and elected officials would agree with MMT scholars’ if there were an honest debate. You do not lie to win a debate when the facts are on your side. Continue reading