The big myth of government deficits | Stephanie Kelton

TED Business

Government deficits have gotten a bad rap, says economist Stephanie Kelton. In this groundbreaking talk, she makes the case to stop looking at government spending as a path towards frightening piles of debt, but rather as a financial contribution to the things that matter -- like health care, education, infrastructure and beyond. After the talk, Modupe talks about the scarcity mindset and how they can impede bold action.