David McWilliams EP56: The extreme urgency of now, Modern Monetary theory, Funding Post Covid-19
This week, why Corona will spark huge changes in economic thinking. We explore the coming a revolution in monetary economics with the woman who may well be the most important economist in the USA in the 2020s, Professor Stephanie Kelton. Also, why small businesses are the beginning, middle and end of the economy and the small matter of how we save the economy now.
About Stephanie Kelton
Stephanie Kelton is a professor of economics and public policy at Stony Brook University. She is a leading expert on Modern Monetary Theory and a former Chief Economist on the U.S. Senate Budget Committee (Democratic staff). She was named by POLITICO as one of the 50 people most influencing the policy debate in America.
Professor 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, will be published June 9, 2020.
First 30 mins ... Ireland related
30:40 America helicopter money, people will have a different view on how society should work, Keynes, Modern Monetary theory
33:30 Biden / Bernie agreement
36:00 Interview with Professor Stephanie Kelton
Note : No transcript available
https://www.stitcher.com/podcast/the-david-mcwilliams-podcast/e/69367383?autoplay=true
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