Stephanie Kelton Libri

"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"-- Provided by publisher

THE SUNDAY TIMES BESTSELLERA radical new understanding for how to build a just and prosperous society

In ihrem wegweisenden Buch entlarvt Stephanie Kelton die Mythen rund um Staatsdefizite und zeigt, dass Sozialleistungen nicht nur durch Steuereinnahmen gedeckt werden müssen. Mit der Modern Monetary Theory revolutioniert sie unser Verständnis von Politik und Wirtschaft und betont, dass Armut und Arbeitslosigkeit eher an fehlendem politischen Willen liegen.