Cover of The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy by Stephanie Kelton.

The Deficit Myth

Summarized key ideas & insights

Stephanie Kelton

14 min read
7 insights
overview

What’s inside


Revise what you knew about the national economy and your role in it. Dispel popular delusions about the relationship between governments and citizens.


You’ll learn


• Why taxes are your friends


• How to not fear inflation


• What deficit means for citizens


• If healthcare can finally become non-discriminative


About the author


Stephanie Kelton is an American economist and academic. She actively advocates the Modern Monetary Theory (MMT).