Paul Samuelson: The balanced budget superstition

http://sms.cam.ac.uk/media/761745

John Maynard Keynes: Life, Ideas, Legacy (Mark Blaug)
http://www.amazon.com/John-Maynard-Keynes-Ideas-Legacy/dp/0312048904

https://www.youtube.com/watch?v=pCrn4lfwQLc&t=03m03s

Randall Wray: Paul Samuelson on Deficit Myths
http://neweconomicperspectives.org/2010/04/paul-samuelson-on-deficit-myths.html

Peter Coy: Can We Trust What’s Happening to Money? (2021)
"Some economists believe there is a risk that we’ll someday find ourselves with nothing that is universally accepted as a medium of exchange. Even government-issued money, they fear, could someday fall under suspicion. Monetary systems depend on “a leap of faith,” the economist and law professor Neil Buchanan wrote in a 2013 blog post. People accept it because others accept it, making money one big “group delusion,” he wrote.
“Delusion” is a strong word, but Mr. Buchanan is right that money is useful because other people find it useful. What frightens him is that something could make ordinary Americans start focusing on this inherent fragility. He’s worried about an idea that has been kicking around on the internet for a decade: that a U.S. president could try to evade Congress’s ceiling on the size of the national debt by minting a single platinum coin with a face value of $1 trillion and depositing the would-be money at the Federal Reserve. Mr. Buchanan wrote in 2013 that issuing such a coin would expose “the entirely ephemeral nature of money and finance itself.”
Socrates originated the concept of a noble lie, which is a myth that elites propagate for what they view as the good of the public. To Michael Dorf, a frequent collaborator of Mr. Buchanan’s who teaches at Cornell Law School, the solidity of money is one such myth. Mr. Dorf told me he’s sympathetic with the idea that governments shouldn’t depend on noble lies but said they serve a purpose."
https://www.nytimes.com/2021/12/10/opinion/cash-crypto-trust-money.html

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