Big Ideas The Deficit Myth with Stephanie Kelton — what to ask when governments can't afford to fix things.
Mar 27, 2024
American economist Stephanie Kelton challenges economic orthodoxy in her book The Deficit Myth, discussing deficits as investments in education and infrastructure. The conversation explores Modern Monetary Theory, inflation risks, historical precedents, and government tools for addressing climate change.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 2min
Redefining Deficits and Government Budgeting
02:02 • 19min
Historical Precedents and Criticism of Modern Monetary Theory
21:30 • 12min
Redefining Government Spending with Modern Monetary Theory and Climate Action
33:29 • 8min
Balancing Inflation with Capacity Building and Government Deficits
41:41 • 5min
Critique of Monetary Policy and Proposal for a Multi-faceted Approach to Inflation
47:09 • 4min
Exploring Modern Monetary Theory and Government Tools for Addressing Inflation and Climate Change
51:13 • 3min