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  1. Vor 23 Stunden · As L. Randall Wray observes in this one-pager, Modern Money Theory has been providing answers to this question for some time; and, he argues, it is a topic that mainstream economists are ill-equipped to address, since very few concern themselves with the monetary operations that underlie the question of why a currency-issuing government issues debt.

  2. 26. Apr. 2024 · In this comment on Pavlina Tcherneva’s piece, L. Randall Wray examines how the COVID pandemic and subsequent policies reinforced the neoliberal order. He rejects the critics’ claim that the COVID response was informed by MMT and describes what adopting an MMT informed approach to “whatever it takes” would actually look like.

  3. 20. Apr. 2024 · L. Randall Wray talks with Steve about the concept of value in the context of MMT. Randy discusses the labor theory of value and the liquidity premise theory, saying both approaches are critical to understanding how money works in a capitalist economy.

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  4. Vor 23 Stunden · To the best of our knowledge, monetization is allowed neither in the USA (Randall Wray, 2015) nor in the EU (article 123.1 of the Treaty on the Functioning of the European Union, TFEU). This clause deprives the EZ of the one policy instrument that is guaranteed to prevent or cure deflation or secular stagnation (Buiter, 2014 ).

  5. 23. Apr. 2024 · Episode 3: L. Randall Wray. John Harvey sits down with Senior Scholar Randy Wray to discuss Social Security, what people misunderstand about the implications of aging societies, and his unorthodox path to becoming an economist.

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  6. 2. Mai 2024 · What Kelton and others here—such as fellow economists Mathew Fortstater, Fadhel Kaboub, Pavlina Tcherneva, L. Randall Wray, and Lua K. Yuille—believe is that we need a major paradigm shift. According to them, everything we have ever thought about government budgets and the deficit is dead wrong. There is nothing scary about the ...

  7. 3. Mai 2024 · Modern Money Theory von L. Randall Wray (ISBN 978-3-031-47886-4) bestellen. Schnelle Lieferung, auch auf Rechnung - lehmanns.de