by Summary:
L. Randall Wray recently presented in Berlin at an event marking the release of the German translation of his book Understanding Modern Money. The presentation (in English) may be seen below, including responses by Doris Neuberger and Dirk Ehnts. Wray begins with a brief history of the development of MMT and his role in that development. He then lays out his version of the central points that constitute MMT (at 27:24) And for those who have been following the reactions in popular media, in which the conversation has shifted to the dangers of inflation, a segment that begins at 35:05 will be of interest. Here Wray discusses his view, following his reading of Minsky, that the job guarantee is crucial for achieving full employment without generating inflationary pressures or
Topics:
Mike Norman considers the following as important: MMT, Randy Wray
This could be interesting, too:
L. Randall Wray recently presented in Berlin at an event marking the release of the German translation of his book Understanding Modern Money. The presentation (in English) may be seen below, including responses by Doris Neuberger and Dirk Ehnts. Wray begins with a brief history of the development of MMT and his role in that development. He then lays out his version of the central points that constitute MMT (at 27:24) And for those who have been following the reactions in popular media, in which the conversation has shifted to the dangers of inflation, a segment that begins at 35:05 will be of interest. Here Wray discusses his view, following his reading of Minsky, that the job guarantee is crucial for achieving full employment without generating inflationary pressures or
Topics:
Mike Norman considers the following as important: MMT, Randy Wray
This could be interesting, too:
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L. Randall Wray recently presented in Berlin at an event marking the release of the German translation of his book Understanding Modern Money. The presentation (in English) may be seen below, including responses by Doris Neuberger and Dirk Ehnts.
Wray begins with a brief history of the development of MMT and his role in that development. He then lays out his version of the central points that constitute MMT (at 27:24)
And for those who have been following the reactions in popular media, in which the conversation has shifted to the dangers of inflation, a segment that begins at 35:05 will be of interest. Here Wray discusses his view, following his reading of Minsky, that the job guarantee is crucial for achieving full employment without generating inflationary pressures or financial instability.Multiplier Effect
This Time Is Different: Wray on Modern Monetary Theory
Michael Stephens