The deficit myth: modern monetary theory and the birth of the people's economy
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Publisher:
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Pub. Date:
2020
Language:
English
Description
"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"--
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ISBN:
9781541736184
9781541736207
9781549118043
9781541736207
9781549118043
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Grouping Information
Grouped Work ID | 9ccf7c8a-0f24-9869-537d-5c2d87a87d91 |
---|---|
Grouping Title | deficit myth modern monetary theory and the birth of the peoples economy |
Grouping Author | stephanie kelton |
Grouping Category | book |
Grouping Language | English (eng) |
Last Grouping Update | 2024-04-26 10:26:28AM |
Last Indexed | 2024-04-26 02:21:04AM |
Solr Fields
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0
accelerated_reader_reading_level
0
author
Kelton, Stephanie, 1969-
author_display
Kelton, Stephanie
available_at_catalog
Central
Sylvan Oaks
Sylvan Oaks
detailed_location_catalog
Central
Southgate
Sylvan Oaks
Southgate
Sylvan Oaks
display_description
"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"--
format_catalog
Book
eAudiobook
eBook
eAudiobook
eBook
format_category_catalog
Audio Books
Books
eBook
Books
eBook
id
9ccf7c8a-0f24-9869-537d-5c2d87a87d91
isbn
9781541736184
9781541736207
9781549118043
9781541736207
9781549118043
itype_catalog
Adult Book Non-Fiction
last_indexed
2024-04-26T09:21:04.332Z
lexile_score
-1
literary_form
Non Fiction
literary_form_full
Non Fiction
local_callnumber_catalog
339.53 K299 2020
owning_library_catalog
Sacramento Public Library
owning_location_catalog
Central
Southgate
Sylvan Oaks
Southgate
Sylvan Oaks
primary_isbn
9781541736184
publishDate
2020
publisher
Hachette Audio
PublicAffairs
PublicAffairs
recordtype
grouped_work
subject_facet
Budget deficits -- United States
Debts, Public -- United States
Fiscal policy -- United States
Government spending policy -- United States
Debts, Public -- United States
Fiscal policy -- United States
Government spending policy -- United States
title_display
The deficit myth : modern monetary theory and the birth of the people's economy
title_full
The Deficit Myth Modern Monetary Theory and the Birth of the People's Economy
The deficit myth : modern monetary theory and the birth of the people's economy / Stephanie Kelton
The deficit myth : modern monetary theory and the birth of the people's economy / Stephanie Kelton
title_short
The deficit myth
title_sub
modern monetary theory and the birth of the people's economy
topic_facet
Budget deficits
Business
Debts, Public
Fiscal policy
Government spending policy
Nonfiction
Politics
Business
Debts, Public
Fiscal policy
Government spending policy
Nonfiction
Politics
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