Tuesday, January 1, 2013

FDL Book Salon to host Randy Wray on Saturday, 1/5


FDL Book Salon: Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems (go t this link on Saturday to participate)
Author: L. Randall Wray
Saturday, January 5, 2013 2:00 pm Pacific time

In a challenge to conventional views on modern monetary and fiscal policy, this book presents a coherent analysis of how money is created, how it functions in global exchange rate regimes, and how the mystification of the nature of money has constrained governments, and prevented states from acting in the public interest.

L. RANDALL WRAY is a professor of Economics at the University of Missouri-Kansas City, USA, as well as Research Director, the Center for Full Employment and Price Stability, and Senior Scholar at the Levy Economics Institute of Bard College, New York. A student of Hyman P. Minsky while at Washington University in St. Louis, Wray has focused on monetary theory and policy, macroeconomics, financial instability, and employment policy. He has published widely in journals and is the author of Understanding Modern Money: The Key to Full Employment and Price Stability (Elgar, 1998) and Money and Credit in Capitalist Economies (Elgar 1990). He is the editor of Credit and State Theories of Money (Edward Elgar 2004) and the co-editor of Contemporary Post Keynesian Analysis (Edward Elgar 2005), Money, Financial Instability and Stabilization Policy (Edward Elgar 2006), and Keynes for the twenty-first century: The Continuing Relevance of The General Theory, Palgrave, 2008. Wray is also the author of numerous scholarly articles in edited books and academic journals, including the Journal of Economic Issues, Cambridge Journal of Economics, Review of Political Economy, Journal of Post Keynesian Economics, Economic and Labour Relations Review, Economie Appliquée, and the Eastern Economic Journal. Wray received a B.A. from the University of the Pacific and an M.A. and Ph.D. from Washington University in St. Louis. He has served as a visiting professor at the University of Rome, the University of Paris, and UNAM (Mexico City). He was the Bernardin-Haskell Professor, UMKC, Fall 1996, and joined the UMKC faculty as Professor of Economics, August 1999. (Palgrave Macmillan)

5 comments:

JK said...

What is this? A talk? An interview? Is it someting that can be viewed online?

There is a date and time: Saturday, January 5, 2013 2:00 pm Pacific time

But what is it?

David said...

JK,
It is sort of an online "chat." The book author fields questions from the readers of the blog. FDL or Firedoglake is a popular progressive blog and they do these "salons" every Saturday and Sunday. Many people at FDL have been introduced to MMT, mostly through Joe Firestone's "Platinum Coin" articles. It might be good if some MMTers participated in case Randy Wray can't get to all the questions. Sometimes there are a couple hundred comments or more and the authors have a hard time keeping up.

Tom Hickey said...

It's a book promo. Randy has published the work up of the MMT Primer as the newly available Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems. The FDL book salon is featuring it with an appearance by the author and the opportunity to ask him questions.

mike norman said...

Where is it? Online?

Tom Hickey said...

I added the link to the post, Mike. Just go to the FDL Book Salon at 2pm PST on Saturday for interactive comments.