Understanding Modern Money Theory: Money and Credit in Capitalist Economies
May 2025 · Edward Elgar Publishing
Ebook
338
Pages
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Eligible
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About this ebook
In this illuminating book, Randall Wray emphasizes the critical role played by both credit and state money in capitalism and explores the origins and evolution of the modern monetary system. Integrating and updating the influential theories presented in Wray’s previous books, Money and Credit in Capitalist Economies and Understanding Modern Money, this new book addresses key questions in modern economic theory and practice.
About the author
L. Randall Wray, Senior Scholar and Professor of Economics, Levy Economics Institute, Bard College, USA
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