https://www.cityam.com/lost-the-plot-city-a-ms-pick-of-the-best-books-of-2020/
The Deficit Myth by Stephanie Kelton
Chosen by Harry Robertson – Economics reporter
The Deficit Myth is the new manifesto for "Modern Monetary Theory" – that is, the belief that governments can spend as much as they want so long as they have full control over their own currency.
Right now, Kelton's ideas seem highly relevant. She argues – in a clear and engaging way – that we don't need to worry about government spending, only inflation. Instead, we should focus on various other "deficits" such as poor pay and environmental damage.
There are some strong arguments against this thinking. Kelton says inflation should be controlled by the tax system – but tax rises are much easier said than done. Nevertheless, it is an illuminating book that will drive debate for years to come.
0 件のコメント:
コメントを投稿