Blasphemy in these parts.
Hey, I have naturally great calves too. I just don’t think it matters.
And no I will not share calf genetics with anyone.
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This is why the world is going to shit. 
Good or else @castoli might ask for your seed to spread the wealth.
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your wife will be disappointed to hear this …
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First off a theory and hypothesis are 2 different things.
And secondly the title of the economic school of thought was originally titled Mosler Economics.
It was named Modern Monetary Theory by someone who commented on and followed their blogs.
Two sides of the same coin
Scientifically speaking they are not.
A hypothesis is an assumption made before any research has been done. It is formed so that it can be tested to see if it might be true. A theory is a principle formed to explain the things already shown in data. Because of the rigors of experiment and control, it is much more likely that a theory will be true than a hypothesis.
Can a theory be based on hypothetical data? If not, I’m proposing Modern Monetary Theory be re-coined Modern Monetary Hypothesis… because science.
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As a man with shit calves, I agree. 
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And what data exactly are you claiming is hypothetical?
This guy?
Yep that guy.
Wait a minute. I thought he was a prominent academic. He has an Honorary Doctorate 
and only earned a BA.
@castoli For someone who places a ton of stock on qualifications, the god of your monetary religion is sorely lacking.
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And a hedge fund manager.
AAAAGH! He’s like, an alpha capitalist!
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Goodness, next thing we’ll find out is that L. Ron Hubbard wrote like a LOT of science fiction before founding Scientology or something.
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Are the loons of these types of thought ever really prominent academics?
Also, academia is mostly total bullshit (unless you need the degree for licensing MD/JD or a hard science / stem) and teaches you ZERO about how the world actually works. Coming from somebody who has a bag full of higher academia degrees.
Give me somebody who has actually applied their thought successfully in the real world over someone with a ton of letters behind their name any day.
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Okay, umm…
- Stalin
- Castro
- Marx
- Lenin
- Zedong
- Che Guevara
- Salvador Allende
- Nicolas Maduro
- Hugo Chavez
I guess we can say they did successfully apply their thoughts to the real world, even though their people never prospered under these terms - but that’s because it wasn’t real socialism.
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They just didn’t go far enough. They were not committed to the true tenants of socialism. They were actually capitalists at heart.
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If deficits don’t matter, why do should governments collect taxes? Isn’t this a great argument for there being no taxes?
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Guys I just took a massive bong hit and I’ve been staring up at the sun thinking about money. I have an idea.
I call it The Infinity Dollar. Hear me out.
One dollar is all anyone needs because it actually has infinite fractions you can split it into. This will grant you infinite wealth according to my theory. As long as society can shed their brainwashed ideas about fractional cents out past four or five decimal places we could all be rich!
RICH!!!
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