The Deficit Myth & Modern Monetary Theory – initial views

Discussion of Stephanie Kelton’s book The Deficit Myth, which is popularising Modern Monetary Theory, between Economics Explained host Gene Tunny and his colleague Ben Scott from Adept Economics. 

Resources mentioned in the discussion include:

Reserve Bank of Australia Governor Philip Lowe’s speech COVID-19, the Labour Market and Public Sector Balance Sheets

Olivier Blanchard’s paper Public Debt and Low Interest Rates