The whole notion that you run government like you run a household is a complete myth

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Prof Mariana Mazzucato telling it like it is, and effectively summarising modern monetary theory whilst doing so, on Newsnight last night:

Such opportunities come rarely. She grabbed it. If only some politicians took note we could transform people's well-being.

So, a poll to encourage debate. You are allowed two votes:

Is Mariana Mazzucato right?

  • Is the national economy nothing like that of a household? (51%, 485 Votes)
  • Is the difference between the national and household economy the state's ability to create money? (47%, 450 Votes)
  • The state is merely the custodian of taxpayers' money and must balance its books as a result? (1%, 13 Votes)
  • Should the national economy be run like that of a household? (0%, 3 Votes)

Total Voters: 582

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