Professor L. Randall Wray, co-founder of Modern Monetary Theory (MMT) walks us through the topsy-turvy world as revealed by MMT. An American Congress that doesn't want the people to know who they really represent. The pandemic spending that saved us from a surplus. Central bankers who ruthlessly destroy parts of their own financial system.
Along the way we also learn of some surprising ingredients that go into the making of an MMT economist.
recent articles by L. Randall Wray
Alternative paths to modern money theory, 2019 by L. Randall Wray
Making Money Work For Us by L. Randall Wray
(for the layperson)
Money for Beginners: An Illustrated Guide
By: L. Randall Wray, Heske van Doornen (Illustrator)
(for the layperson)
Macroeconomics by William Mitchell, L. Randall Wray, Martin Watts
Capital (Volumes One and Two) by Karl Marx (1867)
The Theory of the Leisure Class by Thorstein Veblen (1899)
The Theory of Business Enterprise by Thorstein Veblen (1904)
The General Theory of Employment, Interest and Money by John Maynard Keynes (1936)
Pleading Ignorance, by Ed Kuepper, from the album Starstruck.
Too Many Things, by Ed Kuepper, from the album Starstruck.
Anne Maxwell & Kevin Gaynor
