Ben

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Ben’s Notes & Highlights

Book cover for The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy

The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy by Stephanie Kelton

6 highlights

The second myth is that deficits are evidence of overspending. It’s an easy conclusion to reach because we’ve all heard politicians lament deficits as proof that the government is “living beyond its means.” That’s a mistake. It is true that ...more

See Ben’s 10 books with notes and highlights…

Ben’s Quotes

“And in our Scripture class, Owen said, "IT'S TRUE THAT THE DISCIPLES ARE STUPID - THEY NEVER UNDERSTAND WHAT JESUS MEANS, THEY'RE A BUNCH OF BUNGLERS, THEY DON'T BELIEVE IN GOD AS MUCH AS THEY WANT TO BELIEVE, AND THEY EVEN BETRAY JESUS. THE POINT IS, GOD DOESN'T LOVE US BECAUSE WE'RE SMART OR BECAUSE WE'RE GOOD. WE'RE STUPID AND WE'RE BAD AND GOD LOVES US ANYWAY - JESUS ALREADY TOLD THE DUMB-SHIT DISCIPLES WHAT WAS GOING TO HAPPEN. "THE SON OF MAN WILL BE DELIVERED INTO THE HANDS OF MEN, AND THEY WILL KILL HIM..." REMEMBER? THAT WAS IN MARK, RIGHT?"
"Yes, but let's not say "dumb-shit disciples" in class, Owen," Mr. Merrill said.”
― John Irving, A Prayer for Owen Meany

76 likes

“The reality is that extreme inequality recurs again and again; to deal with it, societies need institutions capable of periodically redefining and redistributing property rights. The refusal to do so in as transparent and peaceful a manner as possible only increases the likelihood of more violent but less effective remedies.”
― Thomas Piketty, Capital and Ideology

tags: economics, inequality, institutions, politics, property

3 likes

“In general, I don’t like to blame the creators. They are making work that appeals to them and the people in the room with them. They are making something that is, at some level, genuine. But the distributors, the networks that bring art to the population, they are the ones who ensure that there’s a flattening and narrowing. The younger me may have sat up all night with bandmates raging against Puffy or DMX or whoever, but the fact is that they were never the problem. The problem was that someone in the corporate chain of command felt that there was a need to play those songs fourteen times a day and to eliminate alternatives.”
― Ahmir Questlove Thompson, Mo' Meta Blues: The World According to Questlove

2 likes