Understanding Modern Money Theory

L. Randall Wray ()
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L. Randall Wray: Senior Scholar and Professor of Economics, Levy Economics Institute, Bard College, USA

in Books from Edward Elgar Publishing

Abstract: In this illuminating book, 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.

Keywords: Modern Money Theory (Mmt); Value Of Money; Monetary Theory Of Production; History And Origins Of Money; State Theory Of Money; Credit Theory Of Money (search for similar items in EconPapers)
Date: 2025
ISBN: 9781800375147
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