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Screening of ‘Finding the Money’
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November 23, 2024
Demystifying and Re-imagining Economics (DaRE) in South Down hosts a screening of Finding the Money documentary.
Finding the Money follows economist Stephanie Kelton on a journey through Modern Money Theory or “MMT”. Kelton provocatively asserts the National Debt Clock that ticks ominously upwards in New York City is not actually a debt for us taxpayers at all, nor a burden for our grandchildren to pay back. Instead, Kelton describes the national debt as simply a historical record of the number of dollars created by the US federal government currently being held in pockets, as assets, by the rest of us.
MMT bursts into the media with journalists asking, “Have we been thinking about how the government spends money, all wrong?” But top economists from across the political spectrum condemn the theory as “voodoo economics”, “crazy” and “a crackpot theory”. Finding the Money traces the conflict all the way back to the story we tell about money, injecting new hope and empowering countries around the world to tackle the biggest challenges of the 21st century: from climate change to inequality.
Collaboration for Change and Rostrevor Action Respecting the Environment (RARE) have joined with Newcastle Community Cinema to host the screening, and Tony Weekes - retired academic economist - will give an introduction to money creation before the screening and facilitate a Q&A afterwards.
Book your tickets here.
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