Wray Modern Money Theory

A Primer on Macroeconomics for Sovereign Monetary Systems
1. Auflage 2016
ISBN: 978-1-137-26514-2
Verlag: Palgrave Macmillan UK
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 311 Seiten, Web PDF

Reihe: Palgrave Economics & Finance Collection

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.

Zielgruppe

Research

Autoren/Hrsg.

Wray, L. Randall

Inhaltsverzeichnis

Basics of Macro Accounting Spending by Issuer of Sovereign Currency Basics of the Operation of Domestic Monetary Systems Fiscal Operations Alternative Policy for Sovereign Currencies Modern Money and Macro Stabilizers What is Money? Conclusions on the Nature of Money

Über Autor(innen)

L. RANDALL WRAY is a professor of Economics at the University of Missouri-Kansas City, USA, as well as Research Director, the Center for Full Employment and Price Stability, and Senior Scholar at the Levy Economics Institute of Bard College, New York. A student of Hyman P. Minsky while at Washington University in St. Louis, Wray has focused on monetary theory and policy, macroeconomics, financial instability, and employment policy. He has published widely in journals and is the author of (Elgar, 1998) and (Elgar 1990). He is the editor of (Edward Elgar 2004) and the co-editor of (Edward Elgar 2005), (Edward Elgar 2006), and Keynes for the twenty-first century: , Palgrave, 2008. Wray is also the author of numerous scholarly articles in edited books and academic journals, including the , , , , , , and the . Wray received a B.A. from the University of the Pacific and an M.A. and Ph.D. from Washington University in St. Louis. He has served as a visiting professor at the University of Rome, the University of Paris, and UNAM (Mexico City). He was the Bernardin-Haskell Professor, UMKC, Fall 1996, and joined the UMKC faculty as Professor of Economics, August 1999.