Understanding Modern Money Theory

Understanding Modern Money Theory

Money and Credit in Capitalist Economies

Wray, L. Randall

Edward Elgar Publishing Ltd

05/2025

344

Dura

9781800375147

Pré-lançamento - envio 15 a 20 dias após a sua edição

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Contents
Preface vii
1 Orthodox versus heterodox approaches to money
2 Origins and nature of money
3 Credit money and the rise of banking, central banking, and
public money
4 The state theory of money
5 Introduction to the origins of the endogenous money approach
6 Endogenous money: a credit and state money approach
7 Money and interest rates
8 Sovereign currency and fiscal policy
9 The balance sheet approach to money and finance
10 Money and the logic of capitalism
11 Employment policy and the value of the currency
12 Conclusion: the challenges ahead
Bibliography
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Modern Money Theory (MMT); Value of money; Monetary theory of production; History and origins of money; State theory of money; Credit theory of money