The deficit myth: modern monetary theory and the birth of the people's economy
"Any ambitious proposal - ranging from fixing crumbling infrastructure to Medicare for all or preventing the coming climate apocalypse - inevitably sparks questions: how can we afford it? How can we pay for it? Stephanie Kelton points out how misguided those questions really are by using the bo...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
New York
PublicAffairs
June 2020
|
| Ausgabe: | First edition |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Zusammenfassung: | "Any ambitious proposal - ranging from fixing crumbling infrastructure to Medicare for all or preventing the coming climate apocalypse - inevitably sparks questions: how can we afford it? How can we pay for it? Stephanie Kelton points out how misguided those questions really are by using the bold ideas of modern monetary theory (MMT), a fundamentally different approach to using our resources to maximize our potential as a society. We've been thinking about government spending in the wrong ways, Kelton argues, on both sides of the political aisle. Everything that both liberal/progressives and conservatives believe about deficits and the role of money and government spending in the economy is wrong, especially the fear that deficits will endanger long-term prosperity. Through illuminating insights about government debt, deficits, inflation, taxes, the financial system, and financial constraints on the federal budget, Kelton dramatically changes our understanding of how to best deal with important issues ranging from poverty and inequality to creating jobs and building infrastructure. 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? With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT busts myths that prevent us from taking action because we can't get beyond the question of how to pay for it." |
| Beschreibung: | Includes bibliographical references and index |
| Beschreibung: | vii, 325 Seiten Illustrationen |
| ISBN: | 9781541736184 9781541757110 |
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Datensatz im Suchindex
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| adam_text | the
DEFICIT
MYTH
Modern Monetary Theory
and the Birth of the People s Economy
STEPHANIE KELTON
PublicAffairs
NEW YORK
Contents
Introduction: Bumper Sticker Shock 1
1 Don’t Think of a Household 15
2 Think of Inflation 41
3 The National Debt (That Isn’t) 75
4 Their Red Ink Is Our Black Ink 101
5 “Winning” at Trade 127
6 You’re Entitled! i 157
7 The Deficits That Matter 191
8 Building an Economy for the People 229
Acknowledgments 265
Notes 269
Index 309
vii
|
| adam_txt |
the
DEFICIT
MYTH
Modern Monetary Theory
and the Birth of the People's Economy
STEPHANIE KELTON
PublicAffairs
NEW YORK
Contents
' Introduction: Bumper Sticker Shock 1
1 Don’t Think of a Household 15
2 Think of Inflation 41
3 The National Debt (That Isn’t) 75
4 Their Red Ink Is Our Black Ink 101
5 “Winning” at Trade 127
6 You’re Entitled! i 157
7 The Deficits That Matter 191
8 Building an Economy for the People 229
Acknowledgments 265
Notes 269
Index 309
vii |
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| any_adam_object_boolean | 1 |
| author | Kelton, Stephanie 1969- |
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| building | Verbundindex |
| bvnumber | BV046877533 |
| callnumber-first | H - Social Science |
| callnumber-label | HJ8119 |
| callnumber-raw | HJ8119 |
| callnumber-search | HJ8119 |
| callnumber-sort | HJ 48119 |
| callnumber-subject | HJ - Public Finance |
| classification_rvk | QC 210 |
| ctrlnum | (OCoLC)1183385583 (DE-599)KXP1694221687 |
| dewey-full | 339.5/30973 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 339 - Macroeconomics and related topics |
| dewey-raw | 339.5/30973 |
| dewey-search | 339.5/30973 |
| dewey-sort | 3339.5 530973 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| edition | First edition |
| format | Book |
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| spelling | Kelton, Stephanie 1969- Verfasser (DE-588)171773969 aut The deficit myth modern monetary theory and the birth of the people's economy Stephanie Kelton First edition New York PublicAffairs June 2020 vii, 325 Seiten Illustrationen txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references and index "Any ambitious proposal - ranging from fixing crumbling infrastructure to Medicare for all or preventing the coming climate apocalypse - inevitably sparks questions: how can we afford it? How can we pay for it? Stephanie Kelton points out how misguided those questions really are by using the bold ideas of modern monetary theory (MMT), a fundamentally different approach to using our resources to maximize our potential as a society. We've been thinking about government spending in the wrong ways, Kelton argues, on both sides of the political aisle. Everything that both liberal/progressives and conservatives believe about deficits and the role of money and government spending in the economy is wrong, especially the fear that deficits will endanger long-term prosperity. Through illuminating insights about government debt, deficits, inflation, taxes, the financial system, and financial constraints on the federal budget, Kelton dramatically changes our understanding of how to best deal with important issues ranging from poverty and inequality to creating jobs and building infrastructure. 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? With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT busts myths that prevent us from taking action because we can't get beyond the question of how to pay for it." Modern Monetary Theory (DE-588)1219867683 gnd rswk-swf Fiskalpolitik (DE-588)4071234-5 gnd rswk-swf Haushaltsdefizit (DE-588)4127588-3 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf 3 Haushaltsdefizit / (DE-627)091365554 / (DE-STW)11586-3 Öffentliche Finanzen / (DE-627)091380936 / (DE-STW)11540-6 Finanzpolitik / (DE-627)09135997X / (DE-STW)11728-2 Öffentliche Ausgaben / (DE-627)091380820 / (DE-STW)11554-2 Geldtheorie / (DE-627)091362342 / (DE-STW)10236-0 USA / (DE-627)091396867 / (DE-STW)17829-1 Debts, Public / United States Budget deficits / United States Government spending policy / United States Fiscal policy / United States USA (DE-588)4078704-7 g Haushaltsdefizit (DE-588)4127588-3 s Fiskalpolitik (DE-588)4071234-5 s Modern Monetary Theory (DE-588)1219867683 s DE-604 Äquivalent Druck-Ausgabe, Paperback 978-1-5417-3619-1 Erscheint auch als Online-Ausgabe 978-1-5417-3620-7 HEBIS Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=032287590&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
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| title | The deficit myth modern monetary theory and the birth of the people's economy |
| title_auth | The deficit myth modern monetary theory and the birth of the people's economy |
| title_exact_search | The deficit myth modern monetary theory and the birth of the people's economy |
| title_exact_search_txtP | The deficit myth modern monetary theory and the birth of the people's economy |
| title_full | The deficit myth modern monetary theory and the birth of the people's economy Stephanie Kelton |
| title_fullStr | The deficit myth modern monetary theory and the birth of the people's economy Stephanie Kelton |
| title_full_unstemmed | The deficit myth modern monetary theory and the birth of the people's economy Stephanie Kelton |
| title_short | The deficit myth |
| title_sort | the deficit myth modern monetary theory and the birth of the people s economy |
| title_sub | modern monetary theory and the birth of the people's economy |
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