New York Times: " Ben Bernanke: I Was Chairman of the Federal Reserve. The Prospect: " Fiscal Follies in the Biden Campaign" - "Joe Biden has heartened progressives with his calls for levels of public spending, well into the trillions, equal to the urgent needs at hand."ĭissent Magazine: " Monetary Myth-Busting: An Interview With Stephanie Kelton" - "Stephanie Kelton’s The Deficit Myth: Modern Monetary Theory and the Birth of the Peoples’ Economy is a foundational book on economic policy." budget deficit was budgeted at $1.1 trillion." budget deficit by year is how much more the federal government spends than it receives in revenue annually. The Balance: " US Budget Deficit by Year Compared to GDP, Debt Increase, and Events" - "The U.S. The New Yorker: " The Economist Who Believes the Government Should Just Print More Money" - "Stephanie Kelton, a senior economic adviser to Bernie Sanders and a professor of economics and public policy at Stony Brook University, is popular in a way that economists, almost definitionally, are not."ĬBC: " Modern monetary theory is not the future - it's already here: Don Pittis" - "When modern monetary theory began to emerge into popular consciousness almost two years ago it carried with it an odour of coming from the distant economic fringe." Used with permission of the publisher, W. Reprinted from People, Power, and Profits: Progressive Capitalism for an Age of Discontent.
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