The Deficit Myth

– A Sunday Times and New York Times Bestseller – 

'Indispensable ... Read it' Naomi Klein

'Game-changing' Mariana Mazzucato

'A rock star in her field' The Times

'This book is going to be influential' Financial Times

'Convincingly overturns conventional wisdom' New York Times

Supporting the economy, paying for healthcare, creating new jobs, preventing a climate apocalypse: how can we pay for it all? Leading economic thinker Stephanie Kelton shows how misguided that question is, and how a radical new approach can maximise our potential as a society. Everything that we've been led to believe about deficits and the role of money and government spending is wrong. Rather than asking the self-defeating question of how to pay for the crucial improvements our society needs, Kelton guides us to ask: which deficits actually matter?

Stephanie Kelton is a leading expert on Modern Monetary Theory and a former Chief Economist on the U.S. Senate Budget Committee. She was named by POLITICO as one of the 50 people most influencing the policy debate in America. She is a regular commentator on national radio and broadcast television and she has been profiled in numerous outlets including the New York Times, the FT and Forbes.