Randall Wray's two volumes provide a bright beacon in a darkening night of turmoil, confusion and ignorance. By bringing together classics from both the mainstream and heterodox approaches to monetary theory and policy, Wray provides a fundamental resource for the urgently needed rethinking on how the interrelated world of monetary production economies functions or misfunctions, and the basis for the development of sound theory on what to erect effective policies to tackle major, potentially disastrous problems.
--- Geoffrey Harcourt, University of New South Wales, Australia
About the Author
Edited by L. Randall Wray
, Professor of Economics, University of Missouri-Kansas City, US; Senior Scholar, Levy Economics Institute, US and Research Director, Centre for Full Employment and Price Stability, US