The Deficit Myth

Stephanie, Kelton

£10.99

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. Any ambitious proposal – ranging from fixing crumbling infrastructure to Medicare for all or preventing the coming climate apocalypse – inevitably sparks questions: how can we afford it? How can we pay for it? Stephanie Kelton points out how misguided those questions really are by using the bold ideas of modern monetary theory (MMT), a fundamentally different approach to using our resources to maximise our potential as a society. We’ve been thinking about government spending in the wrong ways, Kelton argues, on both sides of the political aisle.

Available on backorder

Publish Date: 13/05/2021

Description

THE INTERNATIONAL BESTSELLER

‘Kelton has succeeded in instigating a round of heretical questioning, essential for a post-Covid-19 world, where the pantheon of economic gods will have to be reconfigured’ Guardian

‘Stephanie Kelton is an indispensable source of moral clarity … the truths that she teaches about money, debt, and deficits give us the tools we desperately need to build a safe future for all’ Naomi Klein

‘Game-changing … Read it!’ Mariana Mazzucato

‘A rock star in her field’ The Times

‘This book is going to be influential’ Financial Times


‘Convincingly overturns conventional wisdom’ New York Times

Supporting the economy, paying for healthcare, creating new jobs, preventing a climate apocalypse: how can we pay for it all? Leading economic thinker Stephanie Kelton, shows how misguided that question is, and how a radical new approach can maximise our potential as a society. Everything that we’ve been led to believe about deficits and the role of money and government spending is wrong. Rather than asking the self-defeating question of how to pay for the crucial improvements our society needs, Kelton guides us to ask: which deficits actually matter?

Additional information

Weight 247 g
Dimensions 198 × 128 × 32 mm
Author

Publisher

Imprint

Cover

Paperback

Pages

336

Language

English

Edition
Dewey

332.401 (edition:23)

Readership

College – higher education / Code: F