The Deficit Myth: Modern Monetary Theory and How to Build a Better Economy

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?