Tag: unethical
Modern monetary thievery – good intentions, harmful means
It is often purported that the road to hell is paved with good intentions. My online debate with South African Modern Monetary Theory (MMT) advocate, Buddy Wells, made me think about this wise saying. Mr Wells, of whom I have grown fond since our first interaction on X and who has been nothing but cordial in our debates, argued that following the policy prescriptions of MMT, the SA government can issue more currency to build more schools and employ more teachers.
