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If You Can Just Print Money, Why Do I Pay Taxes?
Modern Monetary Theory Distilled and Debunked in Plain English
Brief Description
What if the government could fund anything it wanted by simply creating money out of thin air? That’s the promise of Modern Monetary Theory (MMT), a radical economic proposal gaining traction among politicians, activists, and academics. Advocates say that, with the right precautions, governments can create...
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If You Can Just Print Money, Why Do I Pay Taxes?
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Description
What if the government could fund anything it wanted by simply creating money out of thin air?
That’s the promise of Modern Monetary Theory (MMT), a radical economic proposal gaining traction among politicians, activists, and academics. Advocates say that, with the right precautions, governments can create money to end unemployment, fight climate change, and much more – all without raising taxes.
In If You Can Just Print Money, Why Do I Pay Taxes?, author Emmanuel Maggiori walks you through MMT in plain language and shows you why its arguments don’t hold water. Maggiori debunks MMT step by step, offering compelling, informed, and rigorous counterarguments against all of its foundational claims.
The author explains why MMT-inspired “money printing,” far from guaranteeing prosperity, could be a recipe for inflation, instability, and stagnation.
Inside the book:
- Why MMT’s proposed job guarantee – meant to end unemployment – could backfire
- How MMT misreads inflation
- How MMT relates to quantitative easing, the controversial money-creation tool used after the financial crisis and the pandemic
- How MMT proposes to fight climate change and expand social security – and why the numbers don’t add up
Perfect for everyone interested in modern economics and policymaking, If You Can Just Print Money, Why Do I Pay Taxes? is an insightful and engaging new take on a topic generating debates around the world – all the way from blogs to the U.S. Senate and the Bank of England.
Book Details
INFORMATION
ISBN: 9781394375257
Publisher: John Wiley & Sons Inc
Format: Hardback
Date Published: 30 April 2026
Country: United States
Imprint: John Wiley & Sons Inc
Audience: General / adult
DIMENSIONS
Spine width: 20.0mm
Width: 155.0mm
Height: 231.0mm
Weight: 408g
Pages: 224
About the Author
EMMANUEL MAGGIORI, PHD, writes books that distill trendy topics in business and economics. His first book, Smart Until It’s Dumb, was described by The Daily Telegraph as “The most lucid layman’s account of AI and its limitations.” He’s also the author of Siliconned, which analyzes technology bubbles, and The AI Pocket Book, which guides technologists on the latest AI revolution.
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