Browsing by Author L. Randall Wray

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  • TVS.006795_L. Randall Wray - Modern Money Theory_ A Primer on Macroeconomics for Sovereign Monetary Systems-Palgrave Macmillan (2024)-GT.pdf.jpg
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  • Authors: L. Randall Wray (2024)

  • This book, a revised new edition, examines how money is created and how it functions within global exchange rate regimes to highlight how monetary policy can promote economic growth, full employment, and price stability. It provides an introduction to the basics of macroeconomic accounting and the domestic monetary system, as well as fiscal operations, tax policy for sovereign nations, and alternative exchange rate regimes.