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

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

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

Author: L. Randall Wray

Format: Paperback | 294 pages

Publication Date: 04 Sep 2012

ISBN-13: 9780230368897

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.