{"id":53597,"date":"2020-10-22T15:25:58","date_gmt":"2020-10-22T14:25:58","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=53597"},"modified":"2020-10-22T15:25:58","modified_gmt":"2020-10-22T14:25:58","slug":"ft-alphaville-is-convinced-on-mmt","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/10\/22\/ft-alphaville-is-convinced-on-mmt\/","title":{"rendered":"FT Alphaville is convinced on MMT"},"content":{"rendered":"<p>I wrote about <a href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/10\/22\/the-case-for-mmt-or-why-the-ft-is-wrong-to-publish-ill-informed-arguments-against-criticising-it\/\" target=\"_blank\" rel=\"noopener noreferrer\">Stephen King's article on MMT in the FT<\/a> this morning.<\/p>\n<p>Soon after posting it I sent a link to FT Alphaville. And <a href=\"https:\/\/www.ft.com\/content\/4dd5ab36-831c-4970-92c8-e5c02a0ede9e\" target=\"_blank\" rel=\"noopener noreferrer\">this is the consequence<\/a>:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-53598\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/10\/Screen-Shot-2020-10-22-at-15.17.15-550x171.png\" alt=\"\" width=\"550\" height=\"171\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/10\/Screen-Shot-2020-10-22-at-15.17.15-550x171.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/10\/Screen-Shot-2020-10-22-at-15.17.15-600x186.png 600w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/10\/Screen-Shot-2020-10-22-at-15.17.15.png 748w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n<p>As they note, having highlighting King's article:<\/p>\n<blockquote><p>To absolutely no-one\u2019s surprise, the great and the good of MMT have kicked off about the article on Twitter. Fellow financial blogger and tax injustice crusader Richard Murphy has been the first to respond in blog form, so here\u2019s part of his take:<\/p><\/blockquote>\n<p>After which big chunks of my blog post appear.<\/p>\n<p>And as they conclude:<\/p>\n<blockquote><p>FT Alphaville has to say that we find Murphy\u2019s arguments far more convincing.<\/p>\n<p>But we\u2019ll leave you to bicker about that in the comments.<\/p><\/blockquote>\n<p>Feel free!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I wrote about Stephen King&#8217;s article on MMT in the FT this morning. Soon after posting it I sent a link to FT Alphaville. And<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/10\/22\/ft-alphaville-is-convinced-on-mmt\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,174],"tags":[],"class_list":["post-53597","post","type-post","status-publish","format-standard","hentry","category-economics","category-modern-monetary-theory"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/53597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=53597"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/53597\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=53597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=53597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=53597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}