The Deficit Myth: Modern Monetary Theory and the Birth of the People's EconomyA 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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Modern Monetary Theory and the Birth of the People's Economy Stephanie Kelton. NEW YORK TIMES BESTSELLER " Convincingly overturns conventional wisdom " -FARHAD MANJOO , The New York Times Τ Η Ε DEFICIT MYTH 12 DED " 6701 E InDOLLIKS ...
Modern Monetary Theory and the Birth of the People's Economy Stephanie Kelton. NEW YORK TIMES BESTSELLER " Convincingly overturns conventional wisdom " -FARHAD MANJOO , The New York Times Τ Η Ε DEFICIT MYTH 12 DED " 6701 E InDOLLIKS ...
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... People's Economy Stephanie Kelton. the DEFICIT MYTH Modern Monetary Theory and the Birth of the People's Economy STEPHANIE KELTON B Copyright Copyright © 2021 by Hachette Book Group, Inc. Cover. | В PUBLICAFFAIRS NEW YORK.
... People's Economy Stephanie Kelton. the DEFICIT MYTH Modern Monetary Theory and the Birth of the People's Economy STEPHANIE KELTON B Copyright Copyright © 2021 by Hachette Book Group, Inc. Cover. | В PUBLICAFFAIRS NEW YORK.
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... York, NY 10104 www.publicaffairsbooks.com @Public_Affairs First Edition: June 2020 First Trade Paperback Edition: March 2021 Published by PublicAffairs, an imprint of Perseus Books, LLC, a subsidiary of Hachette Book Group, Inc. The ...
... York, NY 10104 www.publicaffairsbooks.com @Public_Affairs First Edition: June 2020 First Trade Paperback Edition: March 2021 Published by PublicAffairs, an imprint of Perseus Books, LLC, a subsidiary of Hachette Book Group, Inc. The ...
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... York : PublicAffairs, [2020] | Includes bibliographical references and index. Identifiers: LCCN 2019059417 | ISBN 9781541736184 (hardcover) | ISBN 9781541736207 (ebook) | ISBN 9781541757110 (international) Subjects: LCSH: Debts, Public ...
... York : PublicAffairs, [2020] | Includes bibliographical references and index. Identifiers: LCCN 2019059417 | ISBN 9781541736184 (hardcover) | ISBN 9781541736207 (ebook) | ISBN 9781541757110 (international) Subjects: LCSH: Debts, Public ...
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Contents
Think of Inflation | |
The National Debt That Isnt | |
Their Red Ink Is Our Black | |
Winning at Trade | |
Youre Entitled | |
The Deficits That Matter | |
Building an Economy for the People | |
About the Author | |
Other editions - View all
The Deficit Myth: Modern Monetary Theory and how to Build a Better Economy Stephanie Kelton No preview available - 2020 |
The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy STEPHANIE. KELTON No preview available - 2021 |
The Deficit Myth: Modern Monetary Theory and How to Build a Better Economy Stephanie Kelton No preview available - 2020 |
Common terms and phrases
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