Stephanie Kelton — Former Deputy Secretary of the U.S. Treasury Department Endorses Modern Monetary Theory (MMT)

[Frank Newman] served as Deputy Secretary of the U.S. Treasury. Prior to that, he was Vice Chairman of the Board and CFO of BankAmerica Corporation, and Executive Vice President and CFO of Wells Fargo Bank.
["Newman then returned to the private sector, become Vice Chairman of Bankers Trust and then serving as President and Chief Executive Officer of Bankers Trust from 1996 to 1999.[1] In 2005, he became CEO of Shenzhen Development Bank." — Wikipedia]

So when Mr. Newman writes, “This author recommends Mr. Mosler’s book, as well as various writings by academic proponents of ‘Modern Monetary Theory’,” it really means something.

New Economic Perspectives
Former Deputy Secretary of the U.S. Treasury Department Endorses Modern Monetary Theory (MMT)
Stephanie Kelton | Professor of Economics, UMKC

New book "as close to MMT as it gets"

The six myths: 

• Asian nations are bankrolling the U. S. 

• Treasury issued securities crowd out the private sector

• If everyone tries to save more, the nation will save more, and investment, GDP, and employment will increase 

• If the government reduces the deficit, then national saving and investment will increase 

• Today’s deficits create great burdens of tax for our children 

• If the U.S. does not get its deficit reduced soon, treasuries will face the same problems as Greece and Ireland

Frank N. Newman,  Six Myths that Hold Back America: And What America Can Learn from the Growth of China's Economy, Diversion Publishing (December 6, 2011)
(h/t Salsabob in the comments)

Wikipedia:

Frank N. Newman was born in Quincy, Massachusetts on April 20, 1942.[1] He was educated at Harvard College, receiving a B.A. in Economics in 1963.[2]

Newman joined Peat Marwick Mitchell & Company in 1966 as a manager.[3] In 1969, he moved to Citicorp as a Vice President.[4] He joined Wells Fargo in 1973, and worked there as a Vice President from 1973 to 1980, and then as an Executive Vice President and as Chief Financial Officer from 1980 to 1986.[5] He then moved to BankAmerica Corporation where he was ultimately Vice Chairman and Chief Financial Officer until his departure in 1993.[6 

In 1993, President of the United States Bill Clinton nominated Newman to be Under Secretary of the Treasury for Domestic Finance.[7] The next year, he became United States Deputy Secretary of the Treasury, holding that office until 1995.[8]

Newman then returned to the private sector, become Vice Chairman of Bankers Trust and then serving as President and Chief Executive Officer of Bankers Trust from 1996 to 1999.[9] In 2005, he became CEO of Shenzhen Development Bank.[10]