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Transforming Our Economy

About This Collection

Inspired by the Capital Institute's Third Millennium Economy initiative, this collection highlights those voices - ecological economists, sociologist, finance professionals, environmentalists, community developers - advocating a restructuring of our economy to transition to a truly sustainable economic system.

Curated by mokiethecat

Redefining the story we tell of how our economy works.
November 17, 2020

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In this episode, Stephanie Kelton explores Modern Monetary Theory (MMT) and its insights into how money and the economy truly function. She challenges common misconceptions surrounding government deficits, often linked to negative outcomes like rising taxes or economic instability.

Kelton questions whether these issues stem from deficits themselves or from governmental decisions. MMT proposes that deficits can be strategically utilized to foster job creation, drive innovation, and advance a regenerative, circular economy.