by Summary:
Government deficits are normal and even necessary to the health of most economies – that’s according to one of the world’s most influential economists, Professor Stephanie Kelton, who will be a Visiting Professor at the University of Adelaide this month.Professor Kelton is the Geoff Harcourt Visiting Professor of Economics at the University of Adelaide and Professor of Economics and Public Policy at Stony Brook University, New York. Senior economic adviser to Bernie Sanders’ 2020 presidential campaign, Professor Kelton has recently been listed by Bloomberg as one of the 50 people who defined 2019. She was previously chief economist on the US Senate Budget Committee (Democratic staff) in Washington DC. Professor Kelton is one of the leading experts on Modern Monetary Theory (MMT), a new
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Mike Norman considers the following as important: MMT, Stephanie Kelton
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Government deficits are normal and even necessary to the health of most economies – that’s according to one of the world’s most influential economists, Professor Stephanie Kelton, who will be a Visiting Professor at the University of Adelaide this month.Professor Kelton is the Geoff Harcourt Visiting Professor of Economics at the University of Adelaide and Professor of Economics and Public Policy at Stony Brook University, New York. Senior economic adviser to Bernie Sanders’ 2020 presidential campaign, Professor Kelton has recently been listed by Bloomberg as one of the 50 people who defined 2019. She was previously chief economist on the US Senate Budget Committee (Democratic staff) in Washington DC. Professor Kelton is one of the leading experts on Modern Monetary Theory (MMT), a new
Topics:
Mike Norman considers the following as important: MMT, Stephanie Kelton
This could be interesting, too:
Mike Norman writes Jared Bernstein, total idiot. You have to see this to believe it.
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Michael Hudson writes International Trade and MMT with Keen, Hudson
Government deficits are normal and even necessary to the health of most economies – that’s according to one of the world’s most influential economists, Professor Stephanie Kelton, who will be a Visiting Professor at the University of Adelaide this month.
Professor Kelton is the Geoff Harcourt Visiting Professor of Economics at the University of Adelaide and Professor of Economics and Public Policy at Stony Brook University, New York.
Senior economic adviser to Bernie Sanders’ 2020 presidential campaign, Professor Kelton has recently been listed by Bloomberg as one of the 50 people who defined 2019. She was previously chief economist on the US Senate Budget Committee (Democratic staff) in Washington DC.
Professor Kelton is one of the leading experts on Modern Monetary Theory (MMT), a new approach to economics that is taking the world by storm.
MMT seeks to overturn the myth that currency-issuing federal governments face similar budget constraints to households, businesses and state governments. It explains that such governments are constrained in their spending decisions only by the risk of inflation, and never by the threat of insolvency. There are real constraints, but there are no purely financial ones.…University of Adelaide (Australia)
Crispin Savage