Economics makes sense when the economist is making sense. In this series of – usually – hour-long conversations Stephanie Kelton talks with Jay Ackroyd, digby and Gaius Publius.
Stephanie Kelton: Professor of Economics, Chair of the Economics Dept. at University of Missouri, Kansas City and proponent of Modern Monetary Theory. Listen ...
In this combined and lightly edited conversations recorded June 2012 and Feb 2013, Jay Ackroyd and Stephanie Kelton, Professor of Economics at University of Missouri, Kansas City discuss Modern Monetary Theory. In a far ranging conversation, they consider the differences between the budgets of households and sovereign states, both domestic and foreign, the platinum coin concept and the nature of fiat currency. Follow @StephanieKelton @JayAckroyd
Sept 2013 - The big lie: Digby asks economist Stephanie Kelton to explain the debt ceiling, the fallacy of national debt and the so-called Grand Bargain.
The Big Lie: Digby and Prof Kelton talk about deficit fever.