The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy by Stephanie Kelton
- The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy
- Stephanie Kelton
- Page: 352
- Format: pdf, ePub, mobi, fb2
- ISBN: 9781541736191
- Publisher: PublicAffairs
Download ebook for free for mobile The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy
A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory — the freshest and most important idea about economics in decades — delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.
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The Deficit Myth: Modern Monetary Theory and the Birth of the
The Deficit Myth: Modern. Monetary Theory and the Birth of the People's Economy. Stephanie Kelton. New York: PublicAffairs, 2020, 336 pp. Robert P. Murphy*.
The Deficit Myth: Modern Monetary Theory and the Birth of the
The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy. PublicAffairs, 2020. Hardcover. New. Item #303309. ISBN: 9781541736184
The Deficit Myth: Modern Monetary Theory and the Birth of the
The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy. By Stephanie Kelton. Reviewed By Richard N. Cooper.
The Deficit Myth: Modern Monetary Theory and the Birth of the
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Stephanie Kelton's book The Deficit Myth
Vice-president Dick Cheney famously boasted, “Reagan proved deficits don't matter. Or they can be used to sustain life and build a more just economy that works for the She is a leading expert on Modern Monetary Theory and a former Chief She was named by POLITICO as one of the 50 people most influencing the
The Deficit Myth: Modern Monetary Theory and the Birth of the
The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy. Stephanie Kelton. New York: Public Affairs, 2020, 336 pp. Stephanie Kelton's
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