Stephanie Kelton needs no introduction.The face of Modern Monetary Theory in a world suddenly awake to the realities of government finance in currency-issuing nations with high levels of monetary sovereignty, Kelton catapulted to near celebrity status in 2020, as the pandemic compelled policymakers to deliver trillions in stimulus virtually overnight to avert a global depression.Kelton’s The Deficit Myth became a New York Times bestseller over the summer. It’s a quick read, and the straightforward, at times colloquial, cadence makes it highly amenable to everyday people, no small feat for an economics volume.If The Deficit Myth reads like a prescription for policymakers suffering from a kind of self-inflicted psychosis, that’s probably because it is.... AlphaExchange — The Heisenberg
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it
Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister
New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice
Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.
Stephanie Kelton needs no introduction.AlphaExchange — The Heisenberg ReportThe face of Modern Monetary Theory in a world suddenly awake to the realities of government finance in currency-issuing nations with high levels of monetary sovereignty, Kelton catapulted to near celebrity status in 2020, as the pandemic compelled policymakers to deliver trillions in stimulus virtually overnight to avert a global depression.
Kelton’s The Deficit Myth became a New York Times bestseller over the summer. It’s a quick read, and the straightforward, at times colloquial, cadence makes it highly amenable to everyday people, no small feat for an economics volume.
If The Deficit Myth reads like a prescription for policymakers suffering from a kind of self-inflicted psychosis, that’s probably because it is....
Stephanie Kelton Explains Taxes, Debunks National Debt Myth, Talks Dollar Depreciation