Economist Stephanie Kelton has made a name for herself by insisting that deficits don’t matter. In an interview with Jacobin, she argues that we're seeing a paradigm shift away from free-market dogmas and austerity.Jacobin
Stephanie Kelton Thinks the Conventional Wisdom Is Changing
Lukas Scholle interviews Stephanie Kelton, professor of public policy and economics at Stony Brook University,
4 comments:
It’s not changing…
Sea level is changing at a faster rate.
What world is she living in? Daily outrage over the "debt" and spending.
Maybe slow, but there are signs of change. McClatchy (in the Sacramento Bee) just posted its first-ever editorial that didn't scold the public about national debt. This was a re-publication of a Bloomberg editorial--another deficit scolding organization--and the Bee omitted Stephanie Kelton's name that appears in the original, but still...signs of progress.
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