The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy Cover
Podcast Mentions

The Deficit Myth Modern Monetary Theory and the Birth of the People's Economy

Stephanie Kelton

A

Podcasts 5
Quotes 15
Get on Amazon Listen on Audible
The Ezra Klein Show

Podcast

The Ezra Klein Show

Ezra Klein described it as a good starting point for listeners to understand Modern Monetary Theory.

"

I think Stephanie Kelton's book on the deficit myth is a good one for people to start with.

— Episode: Economics Needs to Reckon With What It D...

Episode: Economics Needs to Reckon With What It Doesn’t Kno...

Ezra Klein described it as a good starting point for listeners to understand Modern Monetary Theory.

"

I think Stephanie Kelton's book on the deficit myth is a good one for people to start with.

Episode: Economics Needs to Reckon With What It Doesn’t Kno...

It was praised as a brilliantly lucid, accessible account of Modern Monetary Theory.

"

Stephanie Kelton's book on the deficit myth is a good one for people to start with. I'm sure this has been recommended before, but it's really a brilliantly lucid, accessible account of the MMT position

The Weekly Show with Jon Stewart

Podcast

The Weekly Show with Jon Stewart

The book was brought up at the end of the episode, where Professor Kelton explained how conventional thinking about government spending and deficits is flawed, linking it to earlier conversations about inflation and the economy. She and guest Larry Summers debated the implications of large fiscal packages and tax cuts, emphasizing that deficits do not necessarily limit future resources. The discussion presented the title as a provocative perspective rather than a direct endorsement.

Episode: Spilling Election Tea with London Mayor Sadiq Khan

Professor Kelton's book challenges traditional economic views on government spending and deficits; her perspective was discussed at the end of the podcast episode in relation to a previous episode about inflation and the economy.

"

So there has been for a very long time this idea that when the government increases spending or cuts taxes and the deficit increases, that it leaves you with fewer resources, like you're less able to respond to a crisis in the future.

If the Republicans are successful in pushing these tax cuts through, we are going to be living, he said, on a shoestring for decades to come because of the increases in the deficit.

Congress authorized bill after bill, fiscal package after fiscal package, $2.2 trillion, $900 billion, $1.9 trillion, $5 trillion in the span of 12 months, John.

You cannot just take out the money bazooka and go wild and expect no consequences.

All of the dollars that banks have at the Federal Reserve are kept in accounts called reserve accounts at the Fed. The Fed pays interest on those.

The Daily Show: Ears Edition

Podcast

The Daily Show: Ears Edition

The Deficit Myth was described as a best-selling book by Stephanie Kelton, the guest on the podcast. Kelton also mentioned the documentary Finding the Money, which she is featured in.

"

Our guest tonight is a professor of economics and public policy and the author of the best-selling book The Deficit Myth.

— Episode: Guest Spotlight: Why Govt. Deficit Is a...

Episode: Guest Spotlight: Why Govt. Deficit Is a Good Thing...

The Deficit Myth was described as a best-selling book by Stephanie Kelton, the guest on the podcast. Kelton also mentioned the documentary Finding the Money, which she is featured in.

"

Our guest tonight is a professor of economics and public policy and the author of the best-selling book The Deficit Myth.

She's featured in the new documentary Finding the Money.

Episode: Jordan Klepper & Ronny Chieng On Whether Trump Alr...

Stephanie Kelton, a professor of economics and public policy, discussed her book "The Deficit Myth" and its key takeaway - that deficits are not inherently bad and can be used to fund important initiatives like tackling climate change and improving infrastructure.

"

I'll guest tonight is a professor of economics and public policy and the author of the best selling book, The Deficit Myth.

The government can increase its deficit to do things like feed hungry kids, tackle the climate crisis, fix crumbling infrastructure.

We can't afford it. We have this deficit or we have this national debt. Where are you going to find the money to do these things?

The money is created when the government spends. Congress authorizes the spending and if the votes are there, the money is there. The thing you have to watch out for is inflation.

It's not about finding the money. The money is created when the government spends. Congress authorizes the spending and if the votes are there, the money is there. The thing you have to watch out for is inflation.

All In with Chris Hayes

Podcast

All In with Chris Hayes

Stephanie Kelton was introduced as the author of The Deficit Myth during the discussion about economic policy.

"

She's the author of The Deficit Myth, and they join me now.

— Episode: Trump tariff pause sparks insider tradin...

Episode: Trump tariff pause sparks insider trading question...

Stephanie Kelton was introduced as the author of The Deficit Myth during the discussion about economic policy.

"

She's the author of The Deficit Myth, and they join me now.

Note: The book recommendations on this page are discovered automatically from podcast transcripts, and may be incorrect or incomplete.