I had already summarised some of that thinking in my publication of an explanation of what I think MMT says. There are, however, those who follow MMT who dispute that my interpretation is correct. That I acknowledge. I would say in response that an idea that cannot change and develop is not one worth having. What I am suggesting that MMT does need to change and develop.
What I am suggesting that MMT does need to change…..into what I say it is.
How long before he claims to have invented it?
MMT needs to change because it is now obvious that it is wrong – Murphy says that “we” need to change it so that its wrongness ceases to be so obvious.
Maybe he wants to change the Modern in MMT to Murphy’s