L. Randall Wray
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Understanding Modern Money Theory: Money and Credit in Capitalist Economies”
Category: L. Randall Wray
Current Scholarship
Does the national debt matter?
L. Randall Wray & Yeva Nersisyan
In this paper, we use the Modern Money Theory framework to analyze whether government debt (and deficits) in a country with its own sovereign currency presents a problem.
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Does the national debt matter?”
Current Scholarship
The ‘Kansas City’ Approach to Modern Money Theory
L. Randall Wray, Bard College
Modern money theory (MMT) synthesizes several traditions from heterodox economics.
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The ‘Kansas City’ Approach to Modern Money Theory”