There’s a better way to run the economy so that everybody can have jobs, argues a former Bernie Sanders economic advisor
“Economist Stephanie Kelton, an advisor to Bernie Sanders’ 2016 presidential campaign, says there’s a way to run the economy to pay for liberal priorities like guaranteed government jobs for anybody who wants to work and Medicare-for-all. Kelton subscribes to what’s called Modern Monetary Theory, which posits that governments like the U.S. that can borrow in their own currencies can’t run out of money. That’s because money, like bonds issued to finance federal spending, is actually a government promise not a physical commodity.”