000 01628nam a22002297a 4500
008 210727b2020 ||||| |||| 00| 0 eng d
020 _a9781529352535
082 _a339.5309 KEL-S
100 _aKelton, Stephanie
245 _aThe deficit myth :
_bmodern monetary theory and how to build a better economy /
_cStephanie Kelton
260 _aLondon
_bJohn Murray Publishers
_c2020
300 _a325 p.
365 _aINR
_b799.00.
500 _aStephanie Kelton shows how misguided this question really is by using the bold ideas of modern monetary theory (MMT), the radically different approach to using our resources to maximize our potential as a society. Everything that we've been led to believe about deficits and the role of money and government spending in the economy is wrong, especially the fear that deficits will endanger our long-term prosperity. 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? Kelton is the leading thinker and most visible public advocate of MMT - the most important idea about economics in decades - and delivers a fundamentally different, bold, new understanding of how to build a just and prosperous society.
650 _aUnited States
650 _aBudget deficits
650 _aDebts, Public
650 _aFiscal policy
650 _aGovernment spending policy
650 _aMoney
650 _aFinance
999 _c66938
_d66938