The Deficit Myth: Modern Monetary Theory and How to Build a Better Economy

By Stephanie Kelton

Rethinking economics with a revolutionary approach to fiscal policy.

Overview

Stephanie Kelton challenges conventional economic wisdom with Modern Monetary Theory (MMT), offering a groundbreaking perspective on government spending, national debt, and economic prosperity. She argues that deficits should not be feared but understood as a tool for achieving social and economic progress.

Key Insights

• Debunking Deficit Myths – Learn why government deficits are not as harmful as traditionally believed.
• Economic Growth Strategies – Discover how a new approach to money and spending can drive prosperity.
• Social and Financial Stability – Explore how strategic government investment can improve infrastructure, healthcare, and employment.
• Inflation Management – Understand how inflation can be controlled while maintaining economic expansion.
• Future Policy Implications – Gain insights into how MMT can reshape financial decision-making worldwide.

Who Should Read This?

• Economists & Policy Makers – A must-read for those shaping national economic policies.
• Investors & Financial Analysts – Understanding government spending trends is crucial for financial planning.
• Students & Academics – A valuable resource for studying modern economic theories and fiscal policies.
• Concerned Citizens – Anyone interested in understanding how the economy functions and how policies impact everyday life.

Why Read This Book?

The Deficit Myth provides a transformative perspective on economic policy, empowering readers with the knowledge to question mainstream economic narratives and advocate for policies that promote financial stability and prosperity.

ISBN-13: 9781541736191

ISBN-10: 1541736192