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The deficit myth
modern monetary theory and the birth of the people's economy
VerfasserIn: Kelton, Stephanie
Verfasserangabe: Stephanie Kelton
Jahr: 2020
Verlag: New York , PublicAffairs
Mediengruppe: Buch
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 Vorbestellen Zweigstelle: 07., Urban-Loritz-Pl. 2a Standorte: GW.WF FS.E Kelt / College 6e - Wirtschaft Status: Verfügbar Frist: Vorbestellungen: 0
Inhalt
"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." (Schlagworte:
Modern Monetary Theory, MMT, Modern Money Theory, Modern Monetary Economics, MME)
Details
VerfasserIn: Kelton, Stephanie
VerfasserInnenangabe: Stephanie Kelton
Jahr: 2020
Verlag: New York , PublicAffairs
Systematik: GW.WF, FS.E, GW.TM
ISBN: 978-1-5417-3618-4
2. ISBN: 978-1-5417-5711-0
Beschreibung: First edition, VII, 325 Seiten : Illustrationen
Schlagwörter: Budget deficits / United States, Debts, Public / United States, Finanzpolitik / (DE-627)09135997X / (DE-STW)11728-2, Fiscal policy / United States, Geldtheorie / (DE-627)091362342 / (DE-STW)10236-0, Government spending policy / United States, Haushaltsdefizit / (DE-627)091365554 / (DE-STW)11586-3, USA / (DE-627)091396867 / (DE-STW)17829-1, Öffentliche Ausgaben / (DE-627)091380820 / (DE-STW)11554-2, Öffentliche Finanzen / (DE-627)091380936 / (DE-STW)11540-6, Fiskalpolitik, Haushaltsdefizit, Modern Monetary Theory, USA, Amerikaner, Amerika (USA), Budgetpolitik, EEUU (Abkürzung), Estados Unidos de America, Etats Unis, Etats-Unis, Haushaltspolitik, Meiguo, Nordamerika <USA>, US (Abkürzung), United States, United States of America, Vereinigte Staaten, Vereinigte Staaten von Nordamerika, USA. Marine. Sea, Air, Land Teams, USA. Vizepräsident
Sprache: Englisch
Fußnote: Includes bibliographical references and index
Mediengruppe: Buch