Did the MMT Camp Correctly Predict the Post-Covid Economy?

Mises Institute

Recently on Twitter, as a reaction to an FT post worrying about the growing debts of various governments, fans of MMT were posting screenshots from a May 2020 FT debate involving Stephanie Kelton. The implication was that Kelton had correctly predicted that government debt would be benign. Bob and guest Jonathan Newman dissent. Stephanie Kelton and Edward Chancellor's Debate on Government Debt: https://Mises.org/HAP445a Martin Wolf's Article on Government Debt: https://Mises.org/HAP445b Bob's Debate with Warren Mosler on MMT: https://Mises.org/HAP445c Bob and Jonathan's Episode on Price Inflation: https://Mises.org/HAP445d Bob's Article on the Economic Outlook for the US: https://Mises.org/HAP445e