- File Size: 1982 KB
- Print Length: 48 pages
- Publication Date: June 18, 2013
- Sold by: Amazon Digital Services LLC
- Language: English
- ASIN: B00DHSL556
- Text-to-Speech: Enabled
- Word Wise: Enabled
- Lending: Not Enabled
- Amazon Best Sellers Rank: #752,442 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
The Smart Bunny's Guide to Debt, Deficit and Austerity (The Smart Bunny's Guides Book 1) Kindle Edition
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The newest effort to popularize MMT has now begun. It is a series of Kindle e-books, really e-pamphlets, written by an occasional blogger and international businesswoman using the web handle Arliss Bunny. Yeah, I know, I know. Please contain your enthusiasm for silly jokes about the handle. Just remember how you felt the first time you ran across a Dummies book.
Arliss is very serious about communicating key insights to people who need to know about MMT, and she is doing that using humor, a vigorous style, simple assertive statements, and utter contempt for those who want to keep people in thrall to false narratives about the macroeconomy and Government fiscal policy. Her first e-book in the series, THE SMART BUNNY'S GUIDE TO DEBT, DEFICIT, and AUSTERITY is low cost and you'll get some good laughs out of it, effective sound bites, and some new ways of putting MMT propositions you haven't seen before.
THE SMART BUNNY'S GUIDE TO DEBT, DEFICIT, and AUSTERITY covers: the nature of fiat money; how households are different from Government, Government debt as a constraint, debt and deficit terrorism, the job of the Government in the economy, how government spending works, the relation between Federal debt and private sector financial assets, lies about debt and who benefits from them, gold standard thinking, the Fed as the representative of private interests, an inflation reality check, differences between the US, the Eurozone nations and a basket case like Zimbabwe, deficit spending, austerity, the fall of the Reinhart and Rogoff debt cliff hypothesis, austerity: cause or effect?, the role of business confidence, and what to do about austerity. Check out the blurb on the book above.
Have you read it? Then you know that this book is both edgy; and pretty cool. I like edgy and cool myself. How about you?
For anyone who has an interest in understanding the political and economic issues of today and the government policies that derive from them it is a must read. Be warned though, if you are an ultra-conservative deficit hawk or a devotee of the Pete Peterson/Koch Brothers philosophy of austerity, it may make your head explode. I can't wait for the author's next installment dealing the FED and government policy.