Modern money theory : a primer on macroeconomics for sovereign monetary systems / L. Randall Wray.

"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 accountin...

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Bibliographic Details
Online Access: Full Text (via Springer)
Main Author: Wray, L. Randall, 1953- (Author)
Format: eBook
Language:English
Published: Houndmills, Basingstoke, Hampshire ; New York, NY : Palgrave Macmillan, [2015]
Edition:2nd edition.
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Summary:"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"--Provided by publisher.
Item Description:Revised edition of the author's Modern money theory, 2012.
Physical Description:1 online resource (306 pages) : illustrations.
Bibliography:Includes bibliographical references and index.
ISBN:9781137539922
1137539925
Source of Description, Etc. Note:Source of description: Print version record.