Stephanie Kelton
Stephanie Kelton is an American economist and professor of public policy and economics at Stony Brook University. She is a leading proponent of Modern Monetary Theory (MMT) and has served as an economic advisor to political figures in the United States.
Books
This list of books are ONLY the books that have been ranked on the lists that are aggregated on this site. This is not a comprehensive list of all books by this author.
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1. The Deficit Myth
Modern Monetary Theory and the Birth of the People's Economy
The book challenges conventional views on government spending and deficits, arguing that countries with sovereign currencies, like the United States, are not constrained by revenue when it comes to funding public programs. It introduces Modern Monetary Theory (MMT), which posits that such governments can and should spend more freely to address issues like unemployment, healthcare, and infrastructure, without the fear of insolvency. The author contends that the real limitations are inflation and resource availability, not budget deficits, and advocates for a paradigm shift in economic policy to better serve public needs.
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