Stephanie Kelton is a professor of economics and public policy at Stony Brook University and a Senior Fellow at the Schwartz Center for Economic Policy Analysis at the New School for Social Research. She is a leading expert on Modern Monetary Theory and a former Chief Economist on the U.S. Senate Budget Committee (Democratic staff). She was named by POLITICO (2016) as one of the 50 people most influencing the policy debate in America, as one of the 50 people who defined 2019 by Bloomberg Businessweek, as one of Barron’s top 100 Women in Finance (2020), and by Prospect Magazine (2020) as one of the World’s Top 50 Thinkers. Professor Kelton advises policymakers and consults with investment banks and portfolio managers across the globe. She is a regular commentator on national radio and broadcast television. Her most recent book (June 2020), The Deficit Myth, became an instant New York Times bestseller.
Stephanie is a leading authority on Modern Monetary Theory, a new approach to economics that is taking the world by storm. She is considered one of the most important voices influencing the policy debate today. Her book, The Deficit Myth: Modern Monetary Theory and Creating an Economy for the People, shows how to break free of the flawed thinking that has hamstrung policymakers around the world.
In addition to her many academic publications, she has been a contributor at Bloomberg Opinion and has written for the New York Times, The Los Angeles Times, U.S. News & World Reports, CNN, and others.
Professor Kelton has worked in both academia and politics. She served as chief economist on the U.S. Senate Budget Committee (Democratic staff) in 2015 and as a senior economic adviser to Bernie Sanders’ 2016 and 2020 presidential campaigns. She currently works as a Professor of Economics and Public Policy at Stony Brook University, and she holds Visiting Professorships at The New School for Social Research, the University of Ljubljana, and the University of Adelaide. Prospect Magazine named her one of the 50 most influential thinkers in the world. She was previously Chair of the Department of Economics at the University of Missouri, Kansas City.