10 out of 11 major mainstream economic predictions we've assessed were wrong.
Not slightly off. Wrong.
Austerity. QE inflation. Japan's "debt crisis." The 90% debt cliff.
With #scoteconfest this weekend, time to look at the receipts. #MMT
🧵
Not slightly off. Wrong.
Austerity. QE inflation. Japan's "debt crisis." The 90% debt cliff.
With #scoteconfest this weekend, time to look at the receipts. #MMT
🧵
March 22, 2026 at 9:26 AM
10 out of 11 major mainstream economic predictions we've assessed were wrong.
Not slightly off. Wrong.
Austerity. QE inflation. Japan's "debt crisis." The 90% debt cliff.
With #scoteconfest this weekend, time to look at the receipts. #MMT
🧵
Not slightly off. Wrong.
Austerity. QE inflation. Japan's "debt crisis." The 90% debt cliff.
With #scoteconfest this weekend, time to look at the receipts. #MMT
🧵
Next time someone says "we can't afford it" or "the bond markets won't allow it," show them the track record of the people making those claims.
Browse predictions, filter by outcome, check any predictor's accuracy score.
The record speaks for itself.
#MMT #scoteconfest
Browse predictions, filter by outcome, check any predictor's accuracy score.
The record speaks for itself.
#MMT #scoteconfest
March 22, 2026 at 9:26 AM
Next time someone says "we can't afford it" or "the bond markets won't allow it," show them the track record of the people making those claims.
Browse predictions, filter by outcome, check any predictor's accuracy score.
The record speaks for itself.
#MMT #scoteconfest
Browse predictions, filter by outcome, check any predictor's accuracy score.
The record speaks for itself.
#MMT #scoteconfest
Professors Harvey and Keen take the stage. Their task? Tackle ten economic myths that derail our prosperity. First up. Neoclassical economics won some kind of “economics” Olympics and has been proven to be the best at describing and predicting the economy! #ScotEconFest
March 19, 2026 at 7:45 PM
Professors Harvey and Keen take the stage. Their task? Tackle ten economic myths that derail our prosperity. First up. Neoclassical economics won some kind of “economics” Olympics and has been proven to be the best at describing and predicting the economy! #ScotEconFest
Next time someone says "we can't afford it" or "the bond markets won't allow it," show them the track record of the people making those claims.
Browse predictions, filter by outcome, check any predictor's accuracy score.
The record speaks for itself.
#MMT #scoteconfest
Browse predictions, filter by outcome, check any predictor's accuracy score.
The record speaks for itself.
#MMT #scoteconfest
March 21, 2026 at 1:44 PM
Next time someone says "we can't afford it" or "the bond markets won't allow it," show them the track record of the people making those claims.
Browse predictions, filter by outcome, check any predictor's accuracy score.
The record speaks for itself.
#MMT #scoteconfest
Browse predictions, filter by outcome, check any predictor's accuracy score.
The record speaks for itself.
#MMT #scoteconfest
We’re taking part in Scotland’s Economics Festival 🎉
We’ll be hosting a session and launching new research on wealth inequality and wealth taxation in Scotland:
“Sharing our wealth”
Join us to explore what people across Scotland really think.
Sign up here: www.scoteconfest.org
#ScotEconFest
We’ll be hosting a session and launching new research on wealth inequality and wealth taxation in Scotland:
“Sharing our wealth”
Join us to explore what people across Scotland really think.
Sign up here: www.scoteconfest.org
#ScotEconFest
February 4, 2026 at 2:56 PM
We’re taking part in Scotland’s Economics Festival 🎉
We’ll be hosting a session and launching new research on wealth inequality and wealth taxation in Scotland:
“Sharing our wealth”
Join us to explore what people across Scotland really think.
Sign up here: www.scoteconfest.org
#ScotEconFest
We’ll be hosting a session and launching new research on wealth inequality and wealth taxation in Scotland:
“Sharing our wealth”
Join us to explore what people across Scotland really think.
Sign up here: www.scoteconfest.org
#ScotEconFest
10 out of 11 major mainstream economic predictions we've assessed were wrong.
Not slightly off. Wrong.
Austerity. QE inflation. Japan's "debt crisis." The 90% debt cliff.
To celebrate #scoteconfest this weekend it's time to look at the scorecard: mmtaction.com/scorecard/
#MMT
🧵
Not slightly off. Wrong.
Austerity. QE inflation. Japan's "debt crisis." The 90% debt cliff.
To celebrate #scoteconfest this weekend it's time to look at the scorecard: mmtaction.com/scorecard/
#MMT
🧵
The Mainstream Economics Predictions Scorecard | MMTAction
A public record of mainstream economic predictions and what actually happened. Austerity, QE, Japan, crowding out — assessed against the evidence.
mmtaction.com
March 21, 2026 at 1:44 PM
10 out of 11 major mainstream economic predictions we've assessed were wrong.
Not slightly off. Wrong.
Austerity. QE inflation. Japan's "debt crisis." The 90% debt cliff.
To celebrate #scoteconfest this weekend it's time to look at the scorecard: mmtaction.com/scorecard/
#MMT
🧵
Not slightly off. Wrong.
Austerity. QE inflation. Japan's "debt crisis." The 90% debt cliff.
To celebrate #scoteconfest this weekend it's time to look at the scorecard: mmtaction.com/scorecard/
#MMT
🧵
Adam Smith, the man, his morals, and some myths. Gordon Povey on stage now at #ScotEconFest. Tickets (including online) for the rest of the festival are still available here: buytickets.at/scotlandsecon...
buytickets.at
March 20, 2026 at 1:30 PM
Adam Smith, the man, his morals, and some myths. Gordon Povey on stage now at #ScotEconFest. Tickets (including online) for the rest of the festival are still available here: buytickets.at/scotlandsecon...
Historical Economic Injustice - why and how the past repeats itself, and how to break the cycle #ScotEconFest A wonderful panel to finish the first night. Sarah Jeffe, Ewan Gibbs, and Neil McInroy tackle one of the festival's key themes: learning from our mistakes.
March 19, 2026 at 9:00 PM
Historical Economic Injustice - why and how the past repeats itself, and how to break the cycle #ScotEconFest A wonderful panel to finish the first night. Sarah Jeffe, Ewan Gibbs, and Neil McInroy tackle one of the festival's key themes: learning from our mistakes.
William Thomson is getting ready to open our festival with a short introduction. You can preview his intro here: www.patreon.com/posts/my-in... #ScotEconFest Tickets still available for all of our sessions! www.tickettailor.com/events... (WT pic from 2014!)
www.tickettailor.com
March 19, 2026 at 6:00 PM
William Thomson is getting ready to open our festival with a short introduction. You can preview his intro here: www.patreon.com/posts/my-in... #ScotEconFest Tickets still available for all of our sessions! www.tickettailor.com/events... (WT pic from 2014!)
And we are off! William Thomson in conversation with Professor Steve Keen! Is live now. #ScotEconFest The David Graeber Institute Presents: The Housing Crisis: How the Market Broke the Home. Tickets for our other sessions can be purchased here: www.tickettailor.com/events...
March 19, 2026 at 4:00 PM
And we are off! William Thomson in conversation with Professor Steve Keen! Is live now. #ScotEconFest The David Graeber Institute Presents: The Housing Crisis: How the Market Broke the Home. Tickets for our other sessions can be purchased here: www.tickettailor.com/events...
The amazing Professor John Harvey from TCU takes the stage at Scotland's Economics Festival. #ScotEconFest Tickets for the rest of the festival are still available here: www.tickettailor.com/events...
March 17, 2026 at 6:05 PM
The amazing Professor John Harvey from TCU takes the stage at Scotland's Economics Festival. #ScotEconFest Tickets for the rest of the festival are still available here: www.tickettailor.com/events...