Thursday, June 18, 2020

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.

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.


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