In my third article about Modern Monetary Theory (MMT), I try to understand the policies of the Carney government through the lense of this new way of looking at public finance.
https://open.substack.com/pub/billhulet/p/modern-monetary-theory-part-three
I see no reason why advocates of MMT wouldn’t have the same kind of reaction I do to the spending on oil pipelines, the military, the capital gains tax cut, the new ministry for AI, the new ministry for online censorship, the carbon capture idiocy — you’re spending how much on what!?