The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy

The Deficit Myth

Modern Monetary Theory and the Birth of the People's Economy

2020 • 336 pages

Ratings22

Average rating4.2

15

This book is way longer than it needed to be based on the amount of information that is being presented. Much repetition of concepts and arguments, like readers aren't going to get it when it's really quite simple, particularly when you bear in mind that money is an artificial construct and only works because (or when) enough people believe it has value. It's value is ultimately tied to the body (usually a government) that issued it.

June 24, 2021Report this review