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Book Series | September 2015

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

By L. Randall Wray
Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems, Second Edition

In a completely revised second edition, Senior Scholar L. Randall Wray presents the key principles of Modern Money Theory, exploring macro accounting, monetary and fiscal policy, currency regimes, and exchange rates in developed and developing nations. Wray examines how misunderstandings about the nature of money caused the recent global financial meltdown, and provides fresh ideas about how leaders should approach economic policy. This updated edition also includes new chapters on tax policies and inflation.

Published by: Palgrave Macmillan

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