The Deficit Myth Modern Monetary Theory and the Birth of the Peoples Economy Ste

The Deficit Myth Modern Monetary Theory and the Birth of the Peoples Economy Ste

by Stephanie Kelton

2021

This book dismantles deeply held beliefs about government budgets and national debt, arguing that fears of deficits prevent us from addressing critical societal needs. The author proposes a new economic framework, Modern Monetary Theory, to show how governments can fund essential programs like healthcare and climate action without being constrained by conventional financial limitations. If you're interested in understanding how economic policy can be reshaped to foster a more prosperous and equitable society, this accessible read will challenge your assumptions and offer a compelling alternative perspective.

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