This is bizarre!
Bill Mitchell is now being hailed as an "expert", while the views of nearly every other economist are dismissed.
Mitchell is considered to be the "father" of Modern Monetary Theory, which is loosely based on Keynesism. Corbyn and McDonnell have adopted some of his theories on spending, but those plans are usually dismissed out of hand by the very people who now think that Mitchell is right.
Mitchell is Australian. Richard Murphy, the British "expert" on MMT disagrees with Mitchell about the application of his theories. Murphy was originally very critical of the EU, but (although still critical) has come to the conclusion that staying in the EU would produce the best outcome for the UK.
When a political leader lies on their CV - can you trust them?
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