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July 2020

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Subject:
The Deficit Myth
From:
nysa71 <[log in to unmask]>
Reply To:
tree of knowledge system discussion <[log in to unmask]>
Date:
Wed, 1 Jul 2020 16:42:40 +0000
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Hello ToKers,

I just wanted to recommend a book that recently came out called, The Deficit Myth, by economics professor, Stephanie Kelton.

Kelton is terrific. Even if you have no understanding of macroeconomics, Dr. Kelton writes succinctly and with clarity. If you're concerned about the macroeconomic context in which we see so many social and political woes --- and the means by which we go about remedying such a state of affairs ---- then this is the book for you.

This can even be tied in with the ToK System:

Are federal deficits / debt justified? When are they not? Is reducing federal deficits/debt simply for the sake of reducing them ever justified? Can federal deficits be used to optimize the behavioral investments of an entire nation? When and how is federal spending and taxation justified?
Again, I couldn't recommend this book enough. 

Sincerely,Jason Bessey

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