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1. Introduction : Minsky on money, banking and finance / Dimitri B. Papadimitriou and L. Randall Wray -- 2. What would Minsky have thought of the mortgage crisis? / Jan Kregel -- 3. Minsky and economic policy : "Keynesianism" all over again? / Éric Tymoigne -- 4. Minsky in the "new" capitalism...
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'Randall Wray's two volumes provide a bright beacon in a darkening night of turmoil, confusion and ignorance. By bringing together classics from both the mainstream and heterodox approaches to monetary theory and policy, Wray provides a fundamental resource for the urgently needed rethink on how...
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1. The Basics of Modern Money Theory -- 2. The Basics of Macroeconomic Accounting -- 3. Spending by Issuer of Domestic Currency -- 4. The Domestic Monetary System: Banking and Central Banking -- 5. Fiscal Operations in a Nation That Issues Its Own Currency -- 6. Tax Policy for Sovereign Nations...
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