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Modern money theory : a primer on macroeconomics for sovereign monetary systems / L. Randall Wray

By: Material type: TextPublication details: Cham : Palgrave Macmillan, 2024Edition: 3rd edDescription: xi, 320 pISBN:
  • 9783031478864
Subject(s): DDC classification:
  • 339.53 WRA-M
Summary: 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, and 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--back cover
Item type: Books
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Includes bibliographical references and index.

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, and 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--back cover

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