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Paperback Understanding Modern Money: The Key to Full Employment and Price Stability Book

ISBN: 1845429419

ISBN13: 9781845429416

Understanding Modern Money: The Key to Full Employment and Price Stability

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Format: Paperback

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Book Overview

In this innovative and very practical book, L. Randall Wray argues that full employment and price stability are not the incompatible goals that current economic theory and policy assume. Indeed, he advances a policy that would generate true, full employment while simultaneously ensuring an even greater degree of price stability than has been achieved in the 1990s. Wray's clearly written argument incorporates incisive historical analysis, modern monetary...

Customer Reviews

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The best introduction to Money

Wray makes the the concepts of the chartalist theory of money, functional finance, and employer of last resort understandable and interesting to even someone with no prior knowledge of the issues.
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