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The 2021 Tansley Lecture - The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy

Deficits matter, but not in the way we've been taught to believe. This is especially true in Canada, where many think that deficits brought the country to the brink of bankruptcy in the 1990s and that recent federal deficits risk repeating the mistakes of the past. Underlying these worries is a belief that deficit spending is like running up credit card debt: it can easily get out of hand and burdens future generations. This reasoning lies behind arguments that we can't afford to take decisive action on climate change, find a solution to the water crisis in Indigenous communities or address countless other policy problems. These are myths. Deficits can be used for good or evil. They can enrich a small segment of the population, driving income and wealth inequality to new heights, while leaving millions behind. Or, they can be used to sustain life and build a more just economy that works for the many, and not just the few.

More information:
https://www.schoolofpublicpolicy.sk.ca/news-events/events/2021/04/the-tansley-lecture-the-deficit-myth-modern-monetary-theory-and-the-birth-of-the-peoples-economy.php

Date ( Add to your Calendar)
Thursday, April 8, 2021
7:00 p.m. - 8:30 p.m.

How to Connect
Due to COVID-19, the 2021 Tansley Lecture will be delivered via Zoom. Those interested in attending this year's free, online lecture must register in advance.

Contact
Karen Jaster-Laforge
306-585-5460
jsgs.events@uregina.ca