Alex of Christian Economics is a thoughtful guy who adheres to some economic theories (specifically the Modern Money Theory of economics) that I don't hold with. Thus marking out one of my rare areas of agreement with Paul Krugman.
Alex and I were looking for topics to have a sort of slow-motion blog debate over, and there seems no better place to start than one of the bigger policy proposals which many MMT adherents support: having the government become an Employer of Last Resort. Alex has a substantive post up to day making the case for an employer of last resort program from a Catholic and economic point of view. I'll be writing and posting reply-post in the next couple days.
What Does the Holy Spirit Do?
2 hours ago