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What causes #poverty? Nothing. It's the original state, the default and starting point. The real question is, What causes #prosperity?
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Per Bylund retweeted
.@judyshel speaking for the Mises Supporters Summit: "you are my conscience."
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And then what? Experience shows that MMTers just move on unperturbed; they won't counter or even engage with the uncovered mistake. Like @StephanieKelton did after posing this very challenge.
@cezarybaginski @PerBylund You don't like MMT? Criticize it. Find a mistake.
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@StephanieKelton Ms. Kelton is well aware of but refuses to acknowledge this response to her challenge. qjae.mises.org/article/77380-…
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@StephanieKelton And here I elaborate on an even more disastrous "mistake" of MMT. Will MMTers respond? mises.org/library/book/a…
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This faux economist cannot take a debate, so he instead blocks his betters. And then bravely calls them stupid when they can no longer defend themselves.
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I've written about macroeconomics and how Keynes (unfortunately) managed to create a new "economics" field in direct contradiction to fundamental economic understanding (which JMK lacked). Here's one such essay: e-elgar.com/shop/usd/what-…
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We can disagree on things, but to understand how and on what bases we do, and to what degree those disagreements are well founded, we engage in (scholarly) debate. Or scholars do.
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Per Bylund retweeted
Congratulations to @PerBylund, the recipient of the 2026 George F. Koether Free-Market Writing Award for his book Entrepreneurship and Evolutionary Economics.
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I'm very honored - and surprised - to receive the Koether Award for my Entrepreneurship and Evolutionary Economics. 🙏
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I wonder if not a main reason MMTers go wrong on (all) economic matters is that they have no conception of value that is not simply currency. Yet, as they also assert, currency is simply something the State creates at will. So the point is that value is created only by the State?
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Per Bylund retweeted
@SandyKKlein The Mises Institute turns 45 next year. Let's continue to make a difference.
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About to get started, the Mises Supporters Summit 2026: "100 Years of Rothbard" mises.org/events/support…
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@SandyKKlein The Mises Institute turns 45 next year. Let's continue to make a difference.
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