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The Deficit Myth
This episode dissects Stephanie Kelton's 'The Deficit Myth,' challenging the conventional understanding of government finance. We explore how Modern Monetary Theory (MMT) redefines deficits, revealing that the true limits to public spending are real resources and capacity, not financial constraints, and how this perspective can reshape economic policy.
“This episode dissects Stephanie Kelton's 'The Deficit Myth,' challenging the conventional understanding of government finance. We explore how Modern Monetary Theory (MMT) redefines deficits, revealing that the true limits to public spending are real resources and capacity, not financial constraints, and how this perspective can reshape economic policy.”
— Stephanie Kelton, The Deficit Myth
modern monetary theory, mmt, government debt
Best suited to listeners who want a clearer working understanding of modern monetary theory, mmt, government debt and better judgment in how they apply it.
Stephanie Kelton brings a credible and useful lens to modern monetary theory, mmt, government debt, with enough subject command to make the book worth hearing.