Hello and welcome to a very special episode of Slate Money, your guide to the business and finance world that we live in. I'm Felix Salmon of Axios.

I'm here with Emily Peck of Huffpost. Hello. I'm here with Anna Shamansky of Breaking

Views. Hello. And most excitingly, because this is something I've kind of been dreaming of

for a while now, definitely over a year.

Professor Stephanie Kelton is with us, and not only is she with us, but she has a new book out.

So tell us what your book is and who you are and what you do.

So I'm Stephanie Kelton, and I'm a professor of economics and public policy at Stony Brook

University, where I teach courses in the economics department and in the Masters of Public Policy

Administration Program.

And I've got a book that just came out a little over a week ago that, much to my astonishment,

debuted at number 13 on the New York Times bestseller list.

Lucky 13.

It is, apparently, for me, a very lucky number.

So that's who I am and what I do, and that's the book. And the book is called? It's called the

deficit myth, modern monetary theory and the birth of the people's economy. And you are the

most high profile avatar of modern monetary theory or MMT as it's known. So we are going to spend this whole episode talking about MMT, what it is, what it says,

how it flips our understanding of government finance in particular on its head,

and whether we should just give up issuing government bonds at all right now and just drop money from helicopters onto the economy.

It's a fascinating conversation.

I can't wait to get stuck into it.

So that is coming up on Slate Money.

So, Stephanie, we have had probably more requests for this show than for any other

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