ThoughtGallery.org > Stephanie Kelton: The Deficit Myth (with David Cay Johnston)

Stephanie Kelton: The Deficit Myth (with David Cay Johnston)

If you would like to participate in this event, please register HERE.

To support the author and The Strand, please order a copy of The Deficit Myth, HERE.

Join author Stephanie Kelton for a discussion of her book, The Deficit Myth. Stephanie will be in conversation with David Cay Johnston. The event will take place on Zoom and be live streamed on The Strand’s Facebook Page.

The leading thinker and most visible public advocate of modern monetary theory – the freshest and most important idea about economics in decades – delivers a radically different, bold, new understanding of how to build a just and prosperous society.

Any ambitious proposal – from fixing crumbling infrastructure to Medicare for All to preventing the coming climate apocalypse – inevitably sparks questions: how can we afford it? How will 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 budget deficits and government spending in the wrong ways, Kelton argues, on both sides of the political aisle. As a currency issuer, the federal government isn’t subject to the same kinds of budgetary constraints as a household. 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 building an economy that is more broadly prosperous, safer, cleaner, and more secure?

Through illuminating insights about government debt, deficits, inflation, taxes, the financial system, and financial constraints on the federal budget, this book dramatically changes our understanding of our government’s spending and points a new way forward for dealing with important issues such as poverty, inequality, tackling climate change, creating jobs, and building infrastructure.











When: Wed., Jun. 10, 2020 at 7:00 pm - 8:00 pm
Where: The Strand
828 Broadway
212-473-1452
Price: Free, contributions and/or book purchase welcomed
Buy tickets/get more info now
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If you would like to participate in this event, please register HERE.

To support the author and The Strand, please order a copy of The Deficit Myth, HERE.

Join author Stephanie Kelton for a discussion of her book, The Deficit Myth. Stephanie will be in conversation with David Cay Johnston. The event will take place on Zoom and be live streamed on The Strand’s Facebook Page.

The leading thinker and most visible public advocate of modern monetary theory – the freshest and most important idea about economics in decades – delivers a radically different, bold, new understanding of how to build a just and prosperous society.

Any ambitious proposal – from fixing crumbling infrastructure to Medicare for All to preventing the coming climate apocalypse – inevitably sparks questions: how can we afford it? How will 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 budget deficits and government spending in the wrong ways, Kelton argues, on both sides of the political aisle. As a currency issuer, the federal government isn’t subject to the same kinds of budgetary constraints as a household. 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 building an economy that is more broadly prosperous, safer, cleaner, and more secure?

Through illuminating insights about government debt, deficits, inflation, taxes, the financial system, and financial constraints on the federal budget, this book dramatically changes our understanding of our government’s spending and points a new way forward for dealing with important issues such as poverty, inequality, tackling climate change, creating jobs, and building infrastructure.

Buy tickets/get more info now