16min chapter

Masters in Business cover image

US Fiscal Policy and the 'Deficit Myth' with Stephanie Kelton

Masters in Business

CHAPTER

Rethinking Unemployment and Fiscal Policy

This chapter examines involuntary unemployment and proposes a government-funded job guarantee as a solution during economic downturns. It critiques austerity measures and discusses the dynamics of fiscal policy, particularly during the presidencies of George W. Bush and Barack Obama. The conversation navigates the tension between stimulus and austerity, advocating for a re-evaluation of fiscal tools to enhance economic recovery amidst political challenges.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode