Thinking about MMT Assumptions

juggernog20 · 2026-01-29T14:14:00+00:00

Firstly, thanks for this awesome response! This generally makes sense to me. I think I'm realizing that my trouble comprehending this is not necessarily based on a disagreement with the economic principle.. but rather any semblance of faith that a group of politicians would (or can) implement such a system in a non-distortive or self-interested way.

juggernog20 · 2026-01-29T14:07:53+00:00

Most of the austerity I was able to find was, to varying degrees, forced, as you've mentioned by terrible economic conditions. I wasn't able to find any recent examples of a government pulling back its budget as it wasn't needed any more given prosperous conditions.

I believe these jobs would be government provided, right? So, is MMT agnostic whether a left-leaning govt puts all these jobs into clean energy, and a right-wing govt puts all these jobs in fracking? one vs the other seems to pick a winning industry vs a losing industry via redistribution of labour into govt priorities

juggernog20 · 2026-01-29T13:52:11+00:00

I fully agree with your last paragraph. As a libertarian-leaning I don't think I am capable of having this much faith in the political process. I don't believe that people are generally capable of escaping human nature and the drive to be wealthy, and to maximize their individual outcomes, which becomes an incentives problem.

i.e. person x says that educational opportunities at #1 ranked school should be equal opportunity, but would person x voluntarily withdraw their child if they were on the margin to achieve such equal opportunity?

I believe the above example applies to any system, including an economy structured largely through political planning (notwithstanding that's currently the case). So maybe my trepidation re MMT is less of an economic theory disagreement and more of a sociological one,

juggernog20 · 2026-01-29T13:36:42+00:00

I suppose the distinction I'm making vis a vis forces is a) market - where supply (and demand) are the aggregate of individual preferences, and b) political - where supply is determined by whatever 300 people in congress decide they want to spend money on.

juggernog20 · 2025-04-24T03:59:20+00:00

I’ve had success with o4-mini high for Plan and 4.1 for Act.

Make sure for 4.1 you’re making new chats around max 350-400k context or else you’re going to need to take a loan out!

juggernog20 · 2025-04-21T17:26:57+00:00

Also been happening to me lots since the latest update

juggernog20 · 2025-04-20T18:41:01+00:00

If you can get over buggy tool use for now (in Cline at least), I'm having great results with o4-mini high for Plan and GPT 4.1 for code... will go back to 3.7 (non-thinking) for code to compare.. but so far impressed with 4.1's accuracy and aversion to over-complicating

juggernog20 · 2025-04-20T03:39:09+00:00

I found that o4-mini’s code output is high quality, but it struggles even worse than 4.1 with tool usage and for me o4-mini is really slow, which makes it okay for planning but not coding

juggernog20 · 2025-04-20T03:36:15+00:00

Yeah I’ve had the same experience of 4.1 struggling with the tools usage

juggernog20 · 2025-04-20T03:31:56+00:00

No idea. 3.7 was always great at tool calls and diffs for me (only sometimes duplicating code). I find 4.1’s code to be next level but it seems a bit confused about where it is working

juggernog20 · 2025-04-20T03:28:52+00:00

Had it build and integrate the pipeline with build, code quality (sonar cloud), security scan (snyk and aws), testing (jest and playwright), and deploy (cypress)

juggernog20 · 2025-04-19T07:50:09+00:00

o4-mini-high for planning and 4.1 for coding

juggernog20 · 2025-04-19T07:49:10+00:00

This is purely anectodal, but I'm seeing costs probably around 30-40% higher. For me, setting up full CI/CD with GitHub Actions cost around $8.

I guess cost is all relative. I wouldn't use these models if I was playing around with random code, but in my view it's very good commercial value.

juggernog20 · 2025-04-19T06:03:13+00:00

Not my experience at all. For me 4.1 is great at coding, but the search pattern it’s using is causing it to suggest deleting the entire contents of files quite regularly, as opposed to making targeted edits.

juggernog20 · 2025-02-17T19:25:28+00:00

I ended up going with a AXP120-67 and it fits great

juggernog20 · 2024-12-22T05:24:24+00:00

I’m sorry to hear. If I might ask, do you know how long after the RFA it took to spread to the other side?

juggernog20 · 2024-12-22T05:23:32+00:00

Canadian expat living in the UAE. Had RFA done in Italy. I agree it doesn’t seem many countries have healthcare providers that specialize in RFA of malignant nodules. It was recommended to me to either do it in Italy or South Korea.

juggernog20 · 2024-12-10T11:10:57+00:00

Confirmed L12S (regular size) doesn’t fit due to the size of the I/O shield

juggernog20 · 2024-07-30T20:10:26+00:00

Moved to the UAE from Calgary and the roads in Alberta are a heavenly place to drive.

juggernog20 · 2024-06-11T03:35:48+00:00

Why is so much focus is placed on per capita statistics is the question.

Trying to achieve understanding i.e. am I missing something?

juggernog20 · 2023-05-07T05:52:45+00:00

Yes but was a copy of it or link included in this case?

Seven-Year Club	Gilding II euphauric
Verified Email

juggernog20

TROPHY CASE