
Making Money Work for Us: How MMT Can Save America
How MMT Can Save America
Wray(Author)
Polity Press
1st Edition
Published on 22. September 2022
Book
Paperback/Softback
224 pages
978-1-5095-5426-3 (ISBN)
Description
Is money precious and scarce, necessitating iron fiscal discipline? Must the government always balance the books or risk ruin? Or is money, in fact, a flexible tool that can be used to mobilize our collective resources to serve those who need them?
In this book, leading Modern Money Theory (MMT) advocate Randy Wray explains that the only real constraints on public policy are physical resources, technological capacity and political will: but never money. He shows how modern sovereign governments spend by keystroking money to bank accounts. While taxes serve other important purposes, they do not - contrary to popular belief - fund spending. If we recognize this, and totally reframe how we think about money and debt, we can marshal our national wealth to make us all richer, eliminate unemployment and "look after our own." We can make money work for us - the US.
This book's account shows how MMT can become a new American political and economic orthodoxy, replacing the dominant conservative framework forever. It is essential reading for all progressives.
In this book, leading Modern Money Theory (MMT) advocate Randy Wray explains that the only real constraints on public policy are physical resources, technological capacity and political will: but never money. He shows how modern sovereign governments spend by keystroking money to bank accounts. While taxes serve other important purposes, they do not - contrary to popular belief - fund spending. If we recognize this, and totally reframe how we think about money and debt, we can marshal our national wealth to make us all richer, eliminate unemployment and "look after our own." We can make money work for us - the US.
This book's account shows how MMT can become a new American political and economic orthodoxy, replacing the dominant conservative framework forever. It is essential reading for all progressives.
More details
Language
English
Place of publication
Oxford
United Kingdom
Target group
Professional and scholarly
Dimensions
Height: 214 mm
Width: 138 mm
Thickness: 14 mm
Weight
249 gr
ISBN-13
978-1-5095-5426-3 (9781509554263)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

Book
09/2022
1st Edition
Polity Press
€56.00
Shipment within 15-20 days

E-Book
09/2022
1st Edition
Wiley
€15.99
Available for download
Person
L. Randall Wray is an expert on MMT, Professor of Economics at Bard College and Senior Scholar at the Levy Economics Institute.
Content
Acknowledgements
Preface
Chapter 1. What is Money?
Chapter 2. Where does Money Come From?
Chapter 3: Can We Have Too Much Money ?
Chapter 4. Balances Balance
Chapter 5 : Life is Full of Trade-offs
Chapter 6. The MMT Alternative Framework for Policy
Chapter 7. MMT and Policy
Preface
Chapter 1. What is Money?
Chapter 2. Where does Money Come From?
Chapter 3: Can We Have Too Much Money ?
Chapter 4. Balances Balance
Chapter 5 : Life is Full of Trade-offs
Chapter 6. The MMT Alternative Framework for Policy
Chapter 7. MMT and Policy