Written by John Lounsbury
Econintersect: In April 2016, Stephanie Kelton and Scott Fullwiler made presentations at the conference at the Levy Institute on the topic “Minsky, Inequality, and the Monetary:Fiscal Policy Outlook”.
Mark Twain once wrote (in Pudd’nhead Wilson’s New Calendar):
“Faith is believing what you know ain’t so,”
This is apparently the source of the Twain attributed and widely quoted:
“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.”
Kelton and Fullwiler explain how the universally accepted government fiscal facts governing all discussion in Washington, DC is related to the second quote above.
The pdf files of the Power Point presentations for both talks can beaccessed here: What You KnowFor Sure That Just Ain’t So
Source: YouTube
