Shownotes
Bob tackles some Keynesian / MMT fallacies that have resurfaced in light of the response to the coronavirus. In particular, he responds to Larry Summers who viewed the lockdown as being akin to workers staying home over the weekend, and then to Neil Irwin on Twitter, who approvingly retweeted a thread arguing that it was mathematically *impossible* for state governments to have saved ahead of time in preparation.
Mentioned in the Episode and Other Links of Interest:
The audio production for this episode was provided by Podsworth Media.