000 | 01628nam a22002297a 4500 | ||
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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 |