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Stephanie Kelton – New Minority Chief Economist for Senate Budget Committee on Angry Birds Approach to Understanding Money, Debt and Deficits
Manage episode 60854644 series 56767
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On December 26, 2014, UMKC economics professor Stephanie Kelton tweeted “I've accepted a position as Chief Economist on the Senate Budget Committee,” reportedly hired by Senator Bernie Sanders who will be ranking member of that committee. Kelton has been associate professor and chair of the economics department at UMKC, started the blog site www.neweconomicperspectives.org and is a leading proponent of Modern Monetary Theory or MMT. According to at least one report, Kelton will return to UMKC after a two-year leave.
On November 19 at an event organized by Jobs Now and the Economics Club of UMKC, Dr. Kelton, gave a presentation called “The Angry Birds Approach to Understanding Deficits in the Modern Economy." With thanks to David Neal and Working journalist press for the audio, here is that presentation.
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