Much of "conventional wisdom" is political meme. There has been a shift in perspective (an "ideological change") among many economists (though Krugman is not necessarily one of them). MMT goes against "conventional wisdom" -- I am saying read the link for an overview of MMT.
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Much of "conventional wisdom" is political meme. There has been a shift in perspective (an "ideological change") among many economists (though Krugman is not necessarily one of them). MMT goes against "conventional wisdom" -- I am saying read the link for an overview of MMT.