Stephanie Kelton's MMT Book Will Appear on New York Times Best Seller List

Stephanie Kelton has announced that her new book,  The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy, will appear on June 28th edition of The New York Times bestseller list.

Just got some incredible news. pic.twitter.com/7WzFjUBGBP

— Stephanie Kelton (@StephanieKelton) June 17, 2020

Kelton holds the odd view that deficits don't matter.

From the book blurb:

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, that deficits crowd-out private investment and undermine long-term growth, that entitlements are propelling us toward a grave fiscal crisis.

It's in week two of publication.

Wenzel review coming.

-RW