Raja-Krishna

Not Mainstream Economics – A Book Review of ‘The Deficit Myth’ , modern monetary theory.

Stephanie Kelton’s “The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy” offers a paradigm-shifting reinterpretation of government finance and economic policy. The book aims to debunk deeply ingrained myths about government spending, deficits, and debt, which Kelton argues have unnecessarily constrained policymakers and prevented the pursuit of critical societal goals. At its […]