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Stephanie Kelton

Affiliation: University of Missouri

Stephanie Kelton, Ph.D. is Associate Professor of Economics at the University of Missouri-Kansas City, Research Scholar at The Levy Economics Institute and Director of Graduate Student Research at the Center for Full Employment and Price Stability.

Her research expertise is in: Federal Reserve operations, fiscal policy, social security, health care, international finance and employment policy.

Visit: Economic Perspectives




Stephanie Kelton's Latest Articles | 18

The World Needs 600 Million New Jobs

Jan 24, 2012| 

The International Labor Office (ILO) has just released a sobering report on the growing crisis in world labor markets. We began the year with 1.1 billion people... Read »

FDR’s Second Bill of Rights: An Unrealized Dream

Jan 12, 2012| 1

Sixty-eight years ago today, Franklin Delano Roosevelt laid out what he referred to as a “Second Bill of Rights” in his State of the Union address to... Read »

Should Congress Raise the Payroll Tax When the Economy Recovers?

Sep 23, 2011| 

Dean Baker has just written another piece on Social Security. Dean and I have always disagreed at some fundamental level on the best way to run opposition against... Read »

Ben Kenobi Launches Operation Twist: Will it Save the Republic?

Sep 22, 2011| 

The Federal Open Market Committee (FOMC) just announced that it’s going to begin another round of asset buying, this time offsetting its purchases of longer-dated... Read »

Can Seinfeld Help Obama Start Making Better Policy Decisions?

Jul 12, 2011| 

My mother used to say, “If at first you don’t succeed, try, try again.” It’s good advice when you’re encouraging a child to take her first steps or... Read »

Can Sesame Street Help Europe’s Finance Ministers Understand the Debt Crisis? (Members of Congress Take Note)

Jun 21, 2011| 

You might expect the head of the group of countries that use the euro to understand the common currency better than anyone. You would be wrong. Jean-Claude Juncker,... Read »

Obama’s Implausible Dream: Cut the Deficit without Destroying Jobs

Jun 19, 2011| 1

White House Press Secretary Jay Carney recently explained President Obama’s “singular concern, which is that the outcome of the deficit reduction talks produce... Read »

Time to Panic? You Betcha

Jun 10, 2011| 11

Earlier this week, President Obama talked about the weakening state of the economy, telling us that he’s not worried about a double-dip recession and that the... Read »

What Happens When the Government Tightens its Belt? (Part II)

Jun 6, 2011| 

In a recent post, I used a simple teeter-totter diagram to show how the government’s financial balance is related to the private sector’s financial balance... Read »

What Happens When the Government Tightens its Belt?

Jun 2, 2011| 

Imagine two people sitting on opposite ends of a 15-foot teeter-totter. The laws of physics dictate that the seesaw will balance if the product of the first mass... Read »

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