Name Stephanie Kelton | ||
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Alma mater California State University, Sacramento (B.S., B.A., 1995)University of Cambridge (M.Phil, 1997)The New School (Ph.D., 2001) Contributions Modern Monetary Theory (MMT) Books The War on Poverty After 40 Years: A Minskyan Assessment Education California State University, Sacramento, The New School, University of Cambridge |
Unabridged: Stephanie Kelton's 1998 paper: "Can Taxes and Bonds Finance Gov't Spending?"
Stephanie Kelton née Bell (born 1969) is an American economist and a professor of Economics at the University of Missouri–Kansas City. She is a leading proponent of Modern Monetary Theory. As such she was named one of Politico's 50 "thinkers, doers and visionaries transforming American politics in 2016."
Contents
- Unabridged Stephanie Keltons 1998 paper Can Taxes and Bonds Finance Govt Spending
- Mmt mct fields institute seminar stephanie kelton
- Education
- Employment
- Research
- In the media
- Selected works
- References

Mmt mct fields institute seminar stephanie kelton
Education

Kelton studied Business Finance and Economics at the California State University, Sacramento, earning a B.S. and a B.A. in 1995. She received a Rotary scholarship to study Economics at the University of Cambridge, receiving her Master in 1997. On a fellowship from Christ's College, Cambridge, Kelton then spent a year at the Levy Economics Institute of Bard College. She obtained a Ph.D. in Economics from The New School in 2001 with her dissertation, "Public Policy and Government Finance: A Comparative Analysis Under Different Monetary Systems."
Employment

Kelton teaches Economics as an associate professor at the University of Missouri–Kansas City since 1999. She's a research scholar at the UMKC Center for Full Employment and Price Stability and the Levy Economics Institute in upstate New York.

Kelton is editor-in-chief of the New Economic Perspectives blog.
On December 26, 2014, Kelton was designated as Chief Economist for the Democratic Minority Staff of the Senate Budget Committee, a post she held during 2015 and early 2016 until she left that position to become an economic advisor to the Bernie Sanders campaign. Forbes magazine wrote, "Watch Out, MMT's About, As Bernie Sanders Hires Stephanie Kelton."
On May 25, 2017, New York's Stony Brook announced that Stephanie Kelton would join the university "this fall as a professor in the forthcoming Center for the Study of Inequality and Social Justice." Kelton follows her husband Paul's appointment at Stony Brook as the first Robert David Lion Gardiner Chair in American History, established in February 2016, at the College of Arts and Sciences.
Research
Kelton's primary research interests include monetary theory, employment policy, history of economic monetary thought, social security, public finance, fiscal policy, financial accounting, international finance, and European monetary integration. She has been a notable proponent of and researcher in Modern Monetary Theory, publishing several papers and editing books in the field, and a supporter of the proposal for a Job Guarantee.
In the media
Kelton publishes formally as well as in the popular press and appears on mass media. She has been a frequent guest on television and radio, including MSNBC's Up with Chris Hayes and NPR's On Point.