Tag Archives: Wray

Randy Wray’s Modern Money Primer

On a weekly basis, Randy Wray is posting pieces on New Economic Perspectives that gradually build toward a comprehensive understanding of Modern Monetary Theory. MMT describes how a monetary system works, assuming an economy where the government is the monopoly issuer of money, i.e., taxes can only be paid in the state currency, and government offers no fixed-rate conversion commitment to any real or financial asset.

Interview with Randy Wray, Regarding the Next Crisis

The following is Part One of an interview with Randy Wray on the Global Crisis and the extent of the possibility of another crisis. It was conducted by students Inigo Garcia, Fahd Arnouk, and James Jasper, at Franklin College Switzerland for Mecpoc. (4 May 2011)

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