Modern money theory : a primer on macroeconomics for sovereign monetary systems / L. Randall Wray.
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 d...
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| Online Access: |
Full Text (via Springer) |
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| Main Author: | |
| Format: | eBook |
| Language: | English |
| Published: |
Cham :
Palgrave Macmillan,
2024.
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| Edition: | [Third edition]. |
| Subjects: |
Table of Contents:
- 1. The Basics of Modern Money Theory
- 2. The Basics of Macroeconomic Accounting
- 3. Spending by Issuer of Domestic Currency
- 4. The Domestic Monetary System: Banking and Central Banking
- 5. Fiscal Operations in a Nation That Issues Its Own Currency
- 6. Tax Policy for Sovereign Nations
- 7. Modern Money Theory and Alternative Exchange Rate Regimes
- 8. Monetary and Fiscal Policy for Sovereign Currencies: What Should Government Do?
- 9. Policy for Full Employment and Price Stability
- 10. Inflation and sovereign currencies
- 11. Conclusions: Modern money theory for sovereign currencies.