Making Money Work for Us

How MMT Can Save America

L. Randall Wray

$93.95

Hardback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We then advise you accordingly. If the time taken to get any book is too long for you, you can let us know and we will cancel or adjust your order, and refund as required.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

Polity Press
23 September 2022

Political economy; Banking

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.

By: L. Randall Wray
Imprint: Polity Press
Country of Publication: United Kingdom
Dimensions: Height: 218mm, Width: 142mm, Spine: 18mm
Weight: 363g
ISBN: 9781509554256
ISBN 10: 1509554254
Pages: 224
Publication Date: 23 September 2022
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active

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

L. Randall Wray is an expert on MMT, Professor of Economics at Bard College and Senior Scholar at the Levy Economics Institute.

Reviews for Making Money Work for Us: How MMT Can Save America

Neoliberal economics does not have the answers to dealing with multi-generational collective action problems but MMT holds many nuggets of wisdom ... Perhaps the most important contribution of Wray's latest writings is to stress that MMT is not a carte blanche call for government to spend without restriction but it can nonetheless shed light on how to formulate a progressive economic agenda to face the problems of today. The Society of Professional Economists