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#Post#: 95--------------------------------------------------
[Read or Download] The Deficit Myth: Modern Monetary Theory and
the Birth of the People's Economy Fu
DIR By: dblandah
Date: July 3, 2020, 1:32 am
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How to Download The Deficit Myth: Modern Monetary Theory and the
Birth of the People's Economy
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HTML https://wereader.us/?book=1541736184
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Desc : A New York Times Bestseller The leading thinker and most
visible public advocate of modern monetary theory -- the
freshest and most important idea about economics in decades --
delivers a radically different, bold, new understanding for how
to build a just and prosperous society.Stephanie Kelton's
brilliant exploration of modern monetary theory (MMT)
dramatically changes our understanding of how we can best deal
with crucial issues ranging from poverty and inequality to
creating jobs, expanding health care coverage, climate change,
and building resilient infrastructure. Any ambitious proposal,
however, inevitably runs into the buzz saw of how to find the
money to pay for it, rooted in myths about deficits that are
hobbling us as a country.Kelton busts through the myths that
prevent us from taking action: that the federal government
should budget like a household, that deficits will harm the next
generation, crowd out private investment, and undermine
long-term growth, and that entitlements are propelling us toward
a grave fiscal crisis.MMT, as Kelton shows, shifts the terrain
from narrow budgetary questions to one of broader economic and
social benefits. With its important new ways of understanding
money, taxes, and the critical role of deficit spending, MMT
redefines how to responsibly use our resources so that we can
maximize our potential as a society. MMT gives us the power to
imagine a new politics and a new economy and move from a
narrative of scarcity to one of opportunity.
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