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Modern Money Theory

A Primer on Macroeconomics for Sovereign Monetary Systems

Modern Money Theory by L. Randall Wray
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US$ 37.00
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In recent years a new approach to macroeconomics has been developed that challenges conventional wisdom and uncovers how money 'works' in the modern economy. This book synthesises the key principles of Modern Money Theory, exploring macro accounting, currency regimes and exchange rates in both the USA and developing nations. Randall Wray addresses the pressing issues of how misunderstandings about the nature of money have caused the current global financial meltdown, and provides fresh ideas about how policymakers around the world should address the continued weaknesses in their economies.
Palgrave Macmillan; August 2012
311 pages; ISBN 9781137265142
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Title: Modern Money Theory
Author: L. Randall Wray
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