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Item Information   Copy / Holding Information     Publisher Weekly Review     Table of Contents     More Content       More by this author     Kelton, Stephanie, 1969-     Subjects     Debts, Public -- United States.     Budget deficits -- United States.     Government spending policy -- United States.     Fiscal policy -- United States.     Browse Catalog     by author:      Kelton, Stephanie, 1969-       by title:      The deficit myth : m...       by call number:      339.530973 K29d     Search the Web     Kelton, Stephanie, 1969-     Debts, Public -- United States.     Budget deficits -- United States.     Government spending policy -- United States.     Fiscal policy -- United States.       MARC Display

The deficit myth : modern monetary theory and the birth of the people's economy / Stephanie Kelton. by Kelton, Stephanie, 1969- PublicAffairs, 2020. Call #: 339.530973 K29d Subjects Debts, Public -- United States.   Budget deficits -- United States.   Government spending policy -- United States.   Fiscal policy -- United States. ISBN:  9781541736184 (hc.) Edition:  1st ed. Description:  vii, 325 p. : ill. ; 25 cm. Bibliography:  Includes bibliographical references (pages 269-308) and index. Summary:  "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 maximize 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. Everything that both liberal/progressives and conservatives believe about deficits and the role of money and government spending in the economy is wrong, especially the fear that deficits will endanger long-term prosperity. Through illuminating insights about government debt, deficits, inflation, taxes, the financial system, and financial constraints on the federal budget, Kelton dramatically changes our understanding of how to best deal with important issues ranging from poverty and inequality to creating jobs and building infrastructure. 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? What is the best way to balance the risk of inflation against the benefits of a society that is more broadly prosperous, safer, cleaner, and secure? With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT busts myths that prevent us from taking action because we can't get beyond the question of how to pay for it."--From publisher. Holds:  0   Copy/Holding information Location Collection Call No. Item type Status Due Date   Bedford Public Library Adult Nonfiction 339.530973 K29d Adult books Checked out Jul 16, 2024 Add Copy to MyList Captain William Spry Public Library Adult Nonfiction 339.530973 K29d Adult books Checked out Jul 04, 2024 Add Copy to MyList Sackville Public Library Adult Nonfiction 339.530973 K29d Adult books Checked in   Add Copy to MyList

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