ENGLISH

Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems

By L. Randall Wray

Book information

Publisher
Palgrave Macmillan
Year
2024
ISBN
3031478835, 9783031478833
Language
english
Format
PDF
Filesize
5 MB (4915684 bytes)
Edition
3
Pages
285\324
Time added
2024-04-14 13:31:30

Description

This book, a revised new edition, examines how money is created and how it functions within global exchange rate regimes to highlight how monetary policy can promote economic growth, full employment, and price stability. It provides an introduction to the basics of macroeconomic accounting and the domestic monetary system, as well as fiscal operations, tax policy for sovereign nations, alternative exchange rate regimes. New topics, including central bank clearing, responses to the COVID-19 pandemic, the rise of inflation, and how to finance a Green New Deal, are also discussed. Modern Money Theory provides the reader with a framework for understanding real world economies. It will be relevant to students, researchers, and policymakers interested in monetary policy.

Similar books