MiB: Stephanie Kelton on US Fiscal Policy and the ‘Deficit Myth’

This week, I speak with Stephanie Kelton, Professor of Economics and Public Policy at Stony Brook University and Senior Fellow at the Schwartz Center for Economic Policy Analysis. We discuss US fiscal policy, recession risks, and her New York Times bestseller “The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy.”

She has made virtually all the ‘top 50 lists’ including POLITICO’s 50 Most Influential Thinkers in 2016 and Bloomberg Businessweek’s 50 People Who Defined 2019. She was also named to Barron’s 100 Most Influential Women in Finance. She has held several visiting professorships and has written for publications such as the Financial Times, The New York Times, CNN, and more

Previously, Professor Kelton was Chair of the Department of Economics at the University of Missouri, Kansas City. In addition to her work in academia, Stephanie has held numerous roles in the political sphere. She served as chief economist on the U.S. Senate Budget Committee, and was senior economic adviser for Bernie Sanders’ 2016 and 2020 presidential campaigns.

A list of her favorite books is here; A transcript of our conversation is available here next week.

You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here.

Be sure to check out our Masters in Business next week with Jim O’Shaughnessy, founder and CEO of O’Shaughnessy Ventures LLC (“OSV”), an investor in and accelerator of creative endeavors, fueling the worlds of art/science/tech. He is also the host of the Infinite Loops pod. Previously, he was founder andchair OSAM, which developed Canvas custom index (since sold to Franklyn Templeton), and Firector of Systematic Equity for Bear Stearns. His latest book is “Two Thoughts: A Timeless Collection of Infinite Wisdom.”

Published Books

Favorite Books

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