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The Deficit Myth

How to Build a Better Economy

Stephanie Kelton

$22.99

Paperback

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John Murray
11 May 2021
THE INTERNATIONAL BESTSELLER 'Kelton has succeeded in instigating a round of heretical questioning, essential for a post-Covid-19 world, where the pantheon of economic gods will have to be reconfigured' Guardian 'Stephanie Kelton is an indispensable source of moral clarity ... the truths that she teaches about money, debt, and deficits give us the tools we desperately need to build a safe future for all' Naomi Klein 'Game-changing ... Read it!' Mariana Mazzucato 'A rock star in her field' The Times 'This book is going to be influential' Financial Times 'Convincingly overturns conventional wisdom' New York Times Supporting the economy, paying for healthcare, creating new jobs, preventing a climate apocalypse: how can we pay for it all? Leading economic thinker Stephanie Kelton, shows how misguided that question is, and how a radical new approach can maximise our potential as a society. Everything that we've been led to believe about deficits and the role of money and government spending is wrong. 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?
By:   Stephanie Kelton
Imprint:   John Murray
Country of Publication:   United Kingdom
Dimensions:   Height: 198mm,  Width: 128mm,  Spine: 32mm
Weight:   247g
ISBN:   9781529352566
ISBN 10:   1529352568
Pages:   352
Publication Date:   11 May 2021
Audience:   College/higher education ,  Professional and scholarly ,  Primary ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active

Stephanie Kelton, professor of economics and public policy at the State University of New York at Stony Brook and Bloomberg contributing columnist, has been called a prophetic economist and a Rock Star of progressive economics. Stephanie is the founder and of the top-rated economic blog New Economic Perspectives, and a member of the TopWonks network of the nation's best thinkers. In 2016, Politico recognized her as one of the fifty people across the country most influencing the political debate. Kelton was chief economist on the U.S. Senate Budget Committee (minority staff) and an advisor to the Bernie2016 presidential campaign. Kelton is a regular commentator on national radio and television and speaks across the world at large gatherings of people interested in global finance, political economy and public policy. She has superb connections in all areas of print and broadcast national media. Her op-eds have appeared in The New York Times, The Washington Post, The Los Angeles Times and Bloomberg.

Reviews for The Deficit Myth: How to Build a Better Economy

Convincingly overturns the conventional wisdom that federal budget deficits are somehow bad * New York Times * [Kelton] has succeeded in instigating a round of heretical questioning, essential for a post-Covid-19 world, where the pantheon of economic gods will have to be reconfigured. * The Guardian * A leading light in modern monetary theory. * Financial Times * Kelton's book achieves a revolution in political economy. * LSE Review of Books * This book is going to be influential. -- Martin Wolf * Financial Times * Kelton is a razor-sharp writer... smashing shibboleths of conventional economic wisdom. * The Irish Times * In the wake of the financial impact of the coronavirus, she's having a moment... she's become a rock star in her field. -- Ben Hoyle * The Times * The best book on rethinking economics that anyone will find right now. * Richard Murphy * In a world of epic, overlapping crises, Stephanie Kelton is an indispensable source of moral clarity ... the truths that she teaches about money, debt, and deficits give us the tools we desperately need to build a safe future for all. Read it - then put it to use. -- Naomi Klein Kelton's game-changing book on the myths around government deficits is both theoretically rigorous and empirically entertaining. It reminds us that money is not limited, only our imagination of what to do with it. After you read it you will never think of the public purse as a household economy again. Read it! -- Mariana Mazzucato, author of The Value of Everything: Making and Taking in the Global Economy Kelton is to modern monetary theory what Milton Friedman was to American conservatives for a half century - conversational, fierce, relentless. * Financial Times *


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