If You Can Just Print Money, Why Do I Pay Taxes?: Modern Monetary Theory Distilled and Debunked in Plain...

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Emmanuel Maggiori

If You Can Just Print Money, Why Do I Pay Taxes?

Name: If You Can Just Print Money, Why Do I Pay Taxes?
Price: 41.95 AUD
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ISBN: 9781394375257

Modern Monetary Theory Distilled and Debunked in Plain English

Emmanuel Maggiori

$41.95

Hardback

Forthcoming
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English

John Wiley & Sons Inc
05 May 2026

Economic theory & philosophy; Macroeconomics

What if the government could fund anything it wanted by simply creating money out of thin air?

That’s the promise of Modern Monetary Theory (MMT), a radical economic proposal gaining traction among politicians, activists, and academics. Advocates say that, with the right precautions, governments can create money to end unemployment, fight climate change, and much more – all without raising taxes.

In If You Can Just Print Money, Why Do I Pay Taxes?, author Emmanuel Maggiori walks you through MMT in plain language and shows you why its arguments don’t hold water. Maggiori debunks MMT step by step, offering compelling, informed, and rigorous counterarguments against all of its foundational claims.

The author explains why MMT-inspired “money printing,” far from guaranteeing prosperity, could be a recipe for inflation, instability, and stagnation.

Inside the book:

Why MMT’s proposed job guarantee – meant to end unemployment – could backfire How MMT misreads inflation How MMT relates to quantitative easing, the controversial money-creation tool used after the financial crisis and the pandemic How MMT proposes to fight climate change and expand social security – and why the numbers don’t add up

Perfect for everyone interested in modern economics and policymaking, If You Can Just Print Money, Why Do I Pay Taxes? is an insightful and engaging new take on a topic generating debates around the world – all the way from blogs to the U.S. Senate and the Bank of England.

By: Emmanuel Maggiori
Imprint: John Wiley & Sons Inc
Country of Publication: United States
ISBN: 9781394375257
ISBN 10: 1394375255
Pages: 224
Publication Date: 05 May 2026
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Forthcoming

CONTENTS INTRODUCTION 1 CHAPTER 1 THE MODERN MONETARY THEORY WORLD 13 CHAPTER 2 THE REAL WORLD 41 CHAPTER 3 QUANTITATIVE EASING 61 CHAPTER 4 INFLATION 79 CHAPTER 5 UNEMPLOYMENT, AND HOW TO FIX IT 115 CHAPTER 6 HOW TO SAVE THE PLANET AND INCREASE PROSPERITY 135 CONCLUDING REMARKS: MMT AND THE FUTURE OF ECONOMICS 153 APPENDIX A MMT ON BITCOIN 163 APPENDIX B MORE MMT RED HERRINGS 167 APPENDIX C MMT ON QUANTITATIVE EASING 179 APPENDIX D MORE ON INFLATION 181 ACKNOWLEDGMENTS 185 ABOUT THE AUTHOR 187 NOTES 189 INDEX 211

EMMANUEL MAGGIORI, PHD, writes books that distill trendy topics in business and economics. His first book, Smart Until It’s Dumb, was described by The Daily Telegraph as “The most lucid layman’s account of AI and its limitations.” He’s also the author of Siliconned, which analyzes technology bubbles, and The AI Pocket Book, which guides technologists on the latest AI revolution.