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> On Apr 21, 2020, at 8:50 AM, Louis Proyect <l...@panix.com> wrote:
> 
> Actually, I think it is probably beyond the scope of MMT. I just read Doug 
> Henwood's article that makes clear it is a policy for G7 nations, especially 
> the USA, not poor countries like Nicaragua. Indeed, I came to the conclusion 
> long ago that post-Keynesian economics has little to offer places like 
> Nicaragua. I got to know Nathan Tankus fairly well when I was writing some 
> stuff about the difficulties of getting Greece back on the drachma that were 
> cross-posted on Naked Capitalism. As I began reading Yves Smith's blog and 
> spending some time with her and Nathan, it occurred to me at some point that 
> they had zero interest in the global South or what is sometimes called 
> "development economics".

That’s why I recommended the interview with Fadhel — the application of MMT to 
the global South is *exactly* what he is focused on. But it’s easy to convince 
yourself you’ve won an argument when you refuse to listen to the other side.
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