Episode 252 - Does MMT End the "Debt Ceiling" Debate? (w/ Stephanie Kelton)
Manage episode 355559599 series 2787674
Subscribe to Bad Faith on Patreon to instantly unlock our full premium episode library: http://patreon.com/badfaithpodcast
Briahna got tons of feed back on the Richard Wolff episode about the debt ceiling debate from Modern Monetary Theory heads who objected to Wolff treating the US economy like a household budget. So Briahna asked the foremost MMT economist & author of "The Deficit Myth," Professor Stephanie Kelton, on to explain what the left's approach to the debt ceiling discourse should be in her view. Also, Professor Kelton, who advised Senator Sanders in 2020, talks about her frustration with Bernie's reliance on "pay for" rhetoric, and argues that the left can't avoid teaching the public about MMT forever.
Subscribe to Bad Faith on YouTube for video of this episode. Find Bad Faith on Twitter (@badfaithpod) and Instagram (@badfaithpod).
Produced by Armand Aviram.
Theme by Nick Thorburn (@nickfromislands).