Author: L. Randall Wray

Is money precious and scarce, necessitating iron fiscal discipline? Must the government always balance the books or risk ruin? Or is money, in fact...

Is money precious and scarce, necessitating iron fiscal discipline? Must the government always balance the books or risk ruin? Or is money, in fact...

This second edition explores how money 'works' in the modern economy and synthesises the key principles of Modern Money Theory, exploring macro acc...

Money is mysterious. We love it, we hate it, but few people can tell you what the heck it really is. Wouldn't it be good to get out of the fog? Thi...