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The deficit myth : modern monetary theory and the birth of the people's economy

The deficit myth : modern monetary theory and the birth of the people's economy (4회 대출)

자료유형
단행본
개인저자
Kelton, Stephanie, 1969-.
서명 / 저자사항
The deficit myth : modern monetary theory and the birth of the people's economy / Stephanie Kelton.
발행사항
New York :   PublicAffairs,   c2020.  
형태사항
vii, 325 p. ; 25 cm.
ISBN
9781541736184 (hardcover)
요약
"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"--
서지주기
Includes bibliographical references and index.
일반주제명
Debts, Public --United States. Budget deficits --United States. Government spending policy --United States. Fiscal policy --United States.
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008 200626s2020 nyu b 001 0 eng d
010 ▼a 2019059417
020 ▼a 9781541736184 (hardcover)
035 ▼a (KERIS)REF000019277030
040 ▼a DLC ▼b eng ▼e rda ▼c DLC ▼d 211009
043 ▼a n-us---
050 0 0 ▼a HJ8119 ▼b .K46 2020
082 0 0 ▼a 339.5/30973 ▼2 23
084 ▼a 339.530973 ▼2 DDCK
090 ▼a 339.530973 ▼b K29d
100 1 ▼a Kelton, Stephanie, ▼d 1969-.
245 1 4 ▼a The deficit myth : ▼b modern monetary theory and the birth of the people's economy / ▼c Stephanie Kelton.
260 ▼a New York : ▼b PublicAffairs, ▼c c2020.
300 ▼a vii, 325 p. ; ▼c 25 cm.
504 ▼a Includes bibliographical references and index.
520 ▼a "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"-- ▼c Provided by publisher.
650 0 ▼a Debts, Public ▼z United States.
650 0 ▼a Budget deficits ▼z United States.
650 0 ▼a Government spending policy ▼z United States.
650 0 ▼a Fiscal policy ▼z United States.
945 ▼a KLPA

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