Finding the Money
There's another side to the national debt.
Details
Sinopsis
FINDING THE MONEY follows economist Stephanie Kelton on a journey through Modern Money Theory or âMMTâ. Kelton provocatively asserts the National Debt Clock that ticks ominously upwards in New York City is not actually a debt for us taxpayers at all, nor a burden for our grandchildren to pay back. Instead, Kelton describes the national debt as simply a historical record of the number of dollars created by the US federal government currently being held in pockets, as assets, by the rest of us. MMT bursts into the media with journalists asking, âHave we been thinking about how the government spends money, all wrong?â But top economists from across the political spectrum condemn the theory as âvoodoo economicsâ, âcrazyâ and âa crackpot theoryâ. FINDING THE MONEY traces the conflict all the way back to the story we tell about money, injecting new hope and empowering countries around the world to tackle the biggest challenges of the 21st century: from climate change to inequality.
Sinopsis
FINDING THE MONEY follows economist Stephanie Kelton on a journey through Modern Money Theory or âMMTâ. Kelton provocatively asserts the National Debt Clock that ticks ominously upwards in New York City is not actually a debt for us taxpayers at all, nor a burden for our grandchildren to pay back. Instead, Kelton describes the national debt as simply a historical record of the number of dollars created by the US federal government currently being held in pockets, as assets, by the rest of us. MMT bursts into the media with journalists asking, âHave we been thinking about how the government spends money, all wrong?â But top economists from across the political spectrum condemn the theory as âvoodoo economicsâ, âcrazyâ and âa crackpot theoryâ. FINDING THE MONEY traces the conflict all the way back to the story we tell about money, injecting new hope and empowering countries around the world to tackle the biggest challenges of the 21st century: from climate change to inequality.
Editor's Take
A character-driven tour de force. The emotional depth and development in 'Finding the Money' are simply outstanding.
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