PROFESSOR BILL MITCHELL (2019):
“LENS VERSUS VALUES
- MMT IS NOT A 'REGIME' THAT WE CAN 'GO TO'.
- MMT IS A LENS FOR ACHIEVING A BETTER UNDERSTANDING OF HOW THE MONETARY SYSTEM OPERATES AND THE CAPACITIES THAT A CURRENCY-ISSUING GOVERNMENT HAS.
- IT EXPOSES MYTHS THAT ARE USED TO SUPPRESS THOSE CAPACITIES AND OPTIONS.
- EXPOSES THE VEIL OF IDEOLOGY
- POLICY REQUIRES US TO OVERLAY OUR VALUE JUDGEMENTS ON THIS UNDERSTANDING.”
