The Deficit Myth

The Deficit Myth
Author :
Publisher : PublicAffairs
Total Pages : 311
Release :
ISBN-10 : 9781541736207
ISBN-13 : 1541736206
Rating : 4/5 (206 Downloads)

Book Synopsis The Deficit Myth by : Stephanie Kelton

Download or read book The Deficit Myth written by Stephanie Kelton and published by PublicAffairs. This book was released on 2020-06-09 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


The Deficit Myth Related Books

The Deficit Myth
Language: en
Pages: 311
Authors: Stephanie Kelton
Categories: Business & Economics
Type: BOOK - Published: 2020-06-09 - Publisher: PublicAffairs

GET EBOOK

A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economi
The Big Myth
Language: en
Pages: 577
Authors: Naomi Oreskes
Categories: Business & Economics
Type: BOOK - Published: 2023-02-21 - Publisher: Bloomsbury Publishing USA

GET EBOOK

"A carefully researched work of intellectual history, and an urgently needed political analysis." --Jane Mayer “[A] scorching indictment of free market fundam
Great American Hypocrites
Language: en
Pages: 245
Authors: Glenn Greenwald
Categories: Political Science
Type: BOOK - Published: 2008-04-15 - Publisher: Crown

GET EBOOK

A takedown of the GOP’s deceitful propaganda machine from the blogger of Salon’s Unclaimed Territory and the author of the New York Times bestsellers How Wo
The Big Sort
Language: en
Pages: 478
Authors: Bill Bishop
Categories: Social Science
Type: BOOK - Published: 2009-05-11 - Publisher: Houghton Mifflin Harcourt

GET EBOOK

The award-winning journalist reveals the untold story of why America is so culturally and politically divided in this groundbreaking book. Armed with startling
The Myth of Capitalism
Language: en
Pages: 343
Authors: Jonathan Tepper
Categories: Business & Economics
Type: BOOK - Published: 2023-04-25 - Publisher: John Wiley & Sons

GET EBOOK

The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate