eBook - ePub

Making Money Work for Us

Name: Making Money Work for Us
Author: L. Randall Wray

How MMT Can Save America

L. Randall Wray,

English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

Making Money Work for Us

How MMT Can Save America

L. Randall Wray,

About this book

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.

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Yes, you can access Making Money Work for Us by L. Randall Wray in PDF and/or ePUB format, as well as other popular books in Economics & Economic Policy. We have over one million books available in our catalogue for you to explore.