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I think it fair to say that as recently as last year, Modern Monetary Theory (MMT) was largely a preserve of a few respected but otherwise obscure academics outside of the mainstream. Active on social media, the founders (for lack of a better word) over time gathered a growing band of online enthusiasts, a few of them extremely qualified and talented[*], a great majority merely vocal, and another minority equally loud and barely distinguishable from the majority, except in one respect: their interest in self-promotion.[$]
Nothing of that involves a judgement on the theoretical merits (or lack thereof) of MMT. Frankly, that’s well above my pay grade. Rather, that’s a statement of fact, however simplified, general, or blunt: fairly or not, MMT was at the fringe, generally ignored by mainstream pundits, to say nothing of economists. Worse, whenever that unspoken rule was broken and MMT was at all mentioned, it was with a sort of condescending dismissal.