000 02247nam a2200325 i 4500
001 001851
003 MIUC
005 20210225121901.0
008 210225s2020 enk b 001 0 eng
020 _a9781529352528
_q(hardcover)
020 _z9781529352542
_q(ebook)
020 _z9781529352535
_q(international)
040 _aDLC
_beng
_erda
_cDLC
_dMIUC
082 0 4 _a332.401
_223
100 1 _aKelton, Stephanie,
_d1969-
_eauthor
_95280
245 1 4 _aThe deficit myth :
_bmodern monetary theory and how to build a better economy
_cStephanie Kelton.
250 _aFirst edition.
264 1 _aLondon :
_bJohn Murray,
_c2020.
300 _a325 pages ;
_c24 cm.
336 _atext
_2rdacontent
337 _aunmediated
_2rdamedia
338 _avolume
_2rdacarrier
504 _aIncludes bibliographical references and index.
505 0 _aIntroduction: Bumper Sticker Shock -- 1. Don't Think of a Household -- 2. Think of Inflation -- 3. The National Debt (That Isn't) -- 4. Their Red Ink Is Our Black Ink -- 5. "Winning" at Trade -- 6. You're Entitled! -- 7. The Deficits That Matter -- 8. Building a Better Economy.
520 _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 for how to build a just and prosperous society.
650 0 _aDebts, Public
_91940
650 0 _aMoney
_9762
650 0 _aBudget deficits
_91942
942 _2ddc
_cBK