Understanding Modern Money Theory by L. Randall Wray Out Now

In this illuminating book, Senior Scholar L. Randall Wray emphasizes the critical role played by both credit and state money in capitalism and explores the origins and evolution of the modern monetary system. Integrating and updating the influential theories presented in Wray’s previous books, Money and Credit in Capitalist Economies and Understanding Modern Money, this new book addresses key questions in modern economic theory and practice.

Published by Edward Elgar Publishing, Understanding Modern Money Theory is Available Now.

Preview content available here.

 

Learn More