1998Unpublished venueRequires access

Understanding modern money : the key to full employment and price stability

L. Randall Wray

Open publisher page 553 citations

Abstract

'Understanding Modern Money' exposes flaws in the foundations of mainstream macroeconomics and suggests a better way to formulate policy that will benefit everyone living in capitalistic societies.

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What this paper is about

'Understanding Modern Money' exposes flaws in the foundations of mainstream macroeconomics and suggests a better way to formulate policy that will benefit everyone living in capitalistic societies.

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OpenAlex reports 553 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

'Understanding Modern Money' exposes flaws in the foundations of mainstream macroeconomics and suggests a better way to formulate policy that will benefit everyone living in capitalistic societies.

Key concepts: Key (lock), Economics, Monetary economics, Labour economics, Computer science, Computer security

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