Oddbean new post about login | logout One of the interesting things I’ve learned about MMTers is that their main political goal is full employment at any cost. They don’t distinguish between the “value” generated by massive government make-work projects and the value generated by entrepreneurial capitalism. The only thing that matters to them is that people are “employed” and getting a paycheck—of course, in the industries deemed “valuable” by the state, rather than the market.