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

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Decoding modern economies through money's lens.

If you're curious about the intricacies of today's financial systems and how they fundamentally operate, "Modern Money Theory" is a must-read. L. Randall Wray delivers a deep dive into the machinery of monetary policy and economy, which will leave you with a nuanced understanding of sovereign currencies and macroeconomic accounting. It's tailor-made for those who seek a thorough grounding in contemporary economics from a fresh perspective.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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

Regular price $8.90
Unit price
per
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ISBN: 9781137539908
Authors: L. Randall Wray
Publisher: Palgrave Macmillan
Date of Publication: 2015-09-22
Format: Paperback
Related Collections: Philosophy, Business, Science, History, Politics, Economics
Goodreads rating: 4.22
(rated by 323 readers)

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.
 

Decoding modern economies through money's lens.

If you're curious about the intricacies of today's financial systems and how they fundamentally operate, "Modern Money Theory" is a must-read. L. Randall Wray delivers a deep dive into the machinery of monetary policy and economy, which will leave you with a nuanced understanding of sovereign currencies and macroeconomic accounting. It's tailor-made for those who seek a thorough grounding in contemporary economics from a fresh perspective.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.