Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems

  • ISBN-13: 9780230368897
  • Author: L. Randall Wray
  • Publisher: Palgrave Macmillan
  • Publication date: 2012-09-04
  • Edition: 2012
  • Language: English
  • Pages: 294
  • $76.29

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In a challenge to conventional views on modern monetary and fiscal policy, this book presents a coherent analysis of how money is created, how it functions in global exchange rate regimes, and how the mystification of the nature of money has constrained governments, and prevented states from acting in the public interest.

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