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~isPartOf:"Accounting, Economics, and Law : AEL ; a convivium"
~isPartOf:"Levy Economics Institute, Working Papers Series"
~isPartOf:"Working Paper"
~person:"Glover, Jonathan"
~person:"Wray, L. Randall"
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1
Paul Davidson's
Economics
Holt, Richard P. F.
;
Rosser, J. Barkley
;
Wray, L. Randall
-
1998
. This article reviews his contributions to monetary theory, international
economics
, aggregate supply theory, and … environmental
economics
. …
Persistent link: https://www.econbiz.de/10011935313
Saved in:
2
The dismal state of macroeconomics and the opportunity for a new beginning
Wray, L. Randall
-
2011
postwar period - from the Age of Keynes through the Friedmanian era and the return of Neoclassical
economics
in a particularly …
Persistent link: https://www.econbiz.de/10010281727
Saved in:
3
From the State Theory of Money to Modern Money Theory : An Alternative to Economic Orthodoxy
Wray, L. Randall
-
2014
This paper explores the intellectual history of the state, or chartalist, approach to money, from the early developers (Georg Friedrich Knapp and A. Mitchell Innes) through Joseph Schumpeter, John Maynard Keynes, and Abba Lerner, and on to modern exponents Hyman Minsky, Charles Goodhart, and...
Persistent link: https://www.econbiz.de/10013057281
Saved in:
4
Keynes after 75 Years : Rethinking Money as a Public Monopoly
Wray, L. Randall
-
2011
In this paper I first provide an overview of alternative approaches to money, contrasting the orthodox approach, in which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production. I then focus in more detail on two main categories: the...
Persistent link: https://www.econbiz.de/10013128005
Saved in:
5
The unbearable weight of aging: How to deal with the "demographic time bomb"
Nersisyan, Yeva
;
Liu, Xinhua
;
Wray, L. Randall
-
2023
The aging of the global population is in the headlines following a report that China's population fell as deaths surpassed births. Pundits worry that a declining Chinese workforce means trouble for other economies that have come to rely on China's exports. France is pushing through an increase...
Persistent link: https://www.econbiz.de/10014474474
Saved in:
6
What's causing accelerating inflation: Pandemic or policy response?
Nersisyan, Yeva
;
Wray, L. Randall
-
2022
This paper examines the recent increase of the measured inflation rate to assess the degree to which the acceleration is due to problems created (largely on the supply side) by the pandemic versus pressures created on the demand side by pandemic relief. Some have attributed the inflation to...
Persistent link: https://www.econbiz.de/10014322567
Saved in:
7
Imbalances? What imbalances? A dissenting view
Wray, L. Randall
-
2012
It is commonplace to link neoclassical
economics
to 18th- or 19th-century physics and its notion of equilibrium, of a … of
economics
: from micro markets for fish that are traded spot, to macro markets for something called labor, and on to …
Persistent link: https://www.econbiz.de/10010286507
Saved in:
8
Functional Finance : A Comparison of the Evolution of the Positions of Hyman Minsky and Abba Lerner
Wray, L. Randall
-
2018
This paper examines the views of Hyman Minsky and Abba Lerner on the functional finance approach to fiscal policy. It argues that the main principles of functional finance were relatively widely held in the immediate postwar period. However, with the rise of the Phillips curve, the return of the...
Persistent link: https://www.econbiz.de/10012928278
Saved in:
9
A Minskyan road to financial reform
Wray, L. Randall
-
2011
Economics
Institute on reconstituting the financial system (Minsky 1992a, 1992b, 1993, 1996). As part of that project, he …
Persistent link: https://www.econbiz.de/10010281697
Saved in:
10
Minsky on banking: Early work on endogenous money and the prudent banker
Wray, L. Randall
-
2015
In this paper, I examine whether Hyman P. Minsky adopted an endogenous money approach in his early work - at the time that he was first developing his financial instability approach. In an earlier piece (Wray 1992), I closely examined Minsky's published writings to support the argument that,...
Persistent link: https://www.econbiz.de/10010513077
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