The Deficit Myth

Modern Monetary Theory and the Birth of the People's Economy

Stephanie Kelton

2020 • John Murray •

MMT fiscal policy monetary theory public finance

Overview

The definitive popular introduction to Modern Monetary Theory. Kelton explains why sovereign currency issuers face no purely financial constraints on spending, and how this understanding can transform public policy.

Complex Accessible

Ecological Social

Economics

Mainstream Heterodox

Radical Pragmatic

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Julian Darley admin 2026-03-08 15:11

this is a test