If you like large error bounds

And lousy correlation coefficients, then the Modern Money Theorists are right.  We can regulate money with printing and taxes.  Unfortunately, 90% of the economy has much better estimates of taxes and printing then the MMT folks.  The economy figures this stuff out before taxes go haywire.  The economy is much more accurate about itself than Martin Wolf, Paul Krugman or the MMTs.  If you want to be a good economist, I suggest you would have at least the same accuracy as the economy.

How can we have an economic theory that depends on economic agents reading our columns? I get that entanglement is part of economics, the same as in physics. But it is too far fetched to go from a NYT op ed to the demand for eggs. We suffer the same problem we had in the Great Depression, economic pundits running around thinking the newspaper rules the roost while the economy had moved on to broadcast radio.  The economy lives on information, suggest the economists keep up.