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Chapter Overview
Chapter 1: AudiobookHub Recommendation
Chapter 2: The federal government must not budget like households.
Chapter 3: Budget deficits don’t matter, but inflation does.
Chapter 4: A rising national debt is no real threat to the economy.
Chapter 5: Government deficits turn into our shared wealth.
Chapter 6: All entitlement programs stay sustainable if we choose them to be.
Chapter 7: International trade isn’t always a contest of winning and losing.
Chapter 8: The deficits that truly matter are the ones out in the real world.
Chapter 9: With MMT, the economy becomes what we shape it.
Description
The Deficit Myth (2020) lays out the basic tenets of Modern Monetary Theory. This unconventional approach to economics asks us to reexamine how we think about budgets, scarcity, and even money itself.
Who Should Listen
- Political junkies seeking a hot new take
- Amateur economists looking to learn more
- Anyone who has ever asked, “But how are we going to pay for it?”