Money for Beginners

An Illustrated Guide

L. Randall Wray (Bard College), Heske van Doornen

$82.95

Hardback

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English

Polity Press
29 June 2023

Political economy; Banking

Money is mysterious. We love it, we hate it, but few people can tell you what the heck it really is. Wouldn't it be good to get out of the fog?

This book will help you understand both the way money works and how to leverage its power. The authors take you on an illuminating journey from your piggy bank to the Federal Reserve with no pesky jargon or complex math.

Once you see money clearly, life will never be the same. You'll know what really goes on in banks and what the cash in your wallet represents. You'll know how government really spends and why it can’t run out of money.

You'll know what money can actually do — and how we can make it work for us.

By: L. Randall Wray (Bard College)
Illustrated by: Heske van Doornen
Imprint: Polity Press
Country of Publication: United Kingdom
Dimensions: Height: 213mm, Width: 145mm, Spine: 15mm
Weight: 272g
ISBN: 9781509554607
ISBN 10: 1509554602
Pages: 144
Publication Date: 29 June 2023
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active

Introduction Chapter 1. Money: An Introduction Chapter 2. Money: An Origins Story Chapter 3. Money: The Story of Redemption Chapter 4. Currency: The Government’s Money Chapter 5. Can Government Run Out of Currency? Chapter 6. Anyone Can Create Money? Chapter 7. Private Bank Money Chapter 8. The Central Bank’s Money: Lender of Last Resort Chapter 9. Central Bank Money: Government Finance Chapter 10. Government’s Debt is Our Asset Chapter 11. Money as Scorekeeping Chapter 12. Rise of the Winners-Take-All Economy Chapter 13. The Way Forward: We Take Care of our Own

L. Randall Wray is an expert on MMT, Professor of Economics at Bard College and Senior Scholar at the Levy Economics Institute. His book Making Money Work for Us was also published by Polity in 2022. Heske Van Doornen is an economist, writer, and artist.

Reviews for Money for Beginners: An Illustrated Guide

“BRILLIANT!! Tally-ho!” James K. Galbraith, The University of Texas at Austin “This short illustrated book contains more wisdom on money than all the textbooks in the world.” Steve Keen, author of The New Economics: A Manifesto “Economics can be intimidating, but this book provides an excellent introduction for high school students.” Rose Rodriguez, retired teacher, Modesto School District