Stephanie Kelton on Democracy and the Deficit Myth

September 16, 2021

Professor Stephanie Kelton explains how deficits can strengthen economies and be healthy for democracies. She argues that there are no budgetary constraints on government spending and makes the case for challenging our view of public debt. Stephanie Kelton is a professor of economics and public policy at Stony Brook University 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. Dr. Stephanie Kelton advises policymakers and consults with investment banks, and portfolio managers across the globe. She is a regular commentator on national radio and broadcast television. Her highly-anticipated book, The Deficit Myth, became an instant New York Times bestseller.


 



 


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Tom Zoellner (host) is the New York Times bestselling author of eight nonfiction books, including Island on Fire, Uranium Train, and The Heartless Stone. He teaches at Chapman University and Dartmouth College. A former reporter for the San Francisco Chronicle, he is the politics editor at the Los Angeles Review of Books.


 



Aida Baghernejad (co-host) is a (pop) culture and food journalist based in Berlin. Her work has appeared in a number of regional, national and international media outlets, among them the Frankfurter Allgemeine Zeitung, the San Francisco Chronicle, tipBerlinIntro MagazineSpex and Deutschlandfunk Kultur. She has previously taught at King’s College London and the Humboldt Universität Berlin.


 


Lisa Bartfai (producer) is an independent radio journalist and producer splitting her time between rural Maine and Southern California. Her work explores the intersection of culture and politics, and can be heard on NPR stations and podcasts all over the country.


 


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