Do we really understand the economy? Do we truly know how money works? Join us in this episode as Stephanie Kelton discusses the role of Modern Monetary Theory in shifting common misconceptions around government deficits. We tend to associate deficits with negative connotations such as rising taxes and destabilisers of the economy. However, is this the result of the deficit itself or rather the decision making of governments? Is it possible to shift our use of government deficits towards boosting job creation, driving innovation, and propelling us towards an economy of regeneration and restoration; a circular economy?
Do we really understand the economy? Do we truly know how money works? Join us in this episode as Stephanie Kelton discusses the role of Modern Monetary Theory in shifting common misconceptions around government deficits. We tend to associate deficits with negative connotations such as rising taxes and destabilisers of the economy. However, is this the result of the deficit itself or rather the decision making of governments? Is it possible to shift our use of government deficits towards boosting job creation, driving innovation, and propelling us towards an economy of regeneration and restoration; a circular economy?
The Ellen MacArthur Foundation is a UK charity working on business, learning, insights & analysis, and communications to accelerate the transition towards the circular economy. Find out more about our work here: www.ellenmacarthurfoundation.org
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