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Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems, Second Edition [PDF]

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Author : L. Randall Wray Pages : 324 pages Publisher : Palgrave Macmillan 2015-09-22 Language : English ISBN-10 : 1137539909 ISBN-13 : 9781137539908

Description In a completely revised and updated second edition, Randall Wray takes a new approach to macroeconomics that challenges conventional wisdom and uncovers how money works in the modern economy. This book synthesizes the key principles of Modern Money Theory, exploring macro accounting, monetary and fiscal policy, currency regimes and exchange rates in developed and developing nations. Randall Wray addresses the pressing issue 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. With new chapters on tax policies and inflation, this second


edition reasserts the importance of the Modern Money Theory approach and how Wray has changed the way we look at the economy.

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

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

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

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

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