Debunking deficit myths (with Stephanie Kelton)
Pitchfork Economics with Nick Hanauer
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The Deficit Myth, Modern Monetary Theory and the Birth of the People's Economy
Stephanie Kelton is a professor of economics and public policy at Stony Brook University. She was the former chief economist for the Democrats on the US Senate Budget Committee. Her new book, The Deficit Myth, explores what she calls "modern monetary theory" It's an attempt to provide a coherent macroeconomic framework that best resembles the actual monetary system we have today, says Kelton.
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