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Randall Wray challenges the prevailing economic theory that views full employment and price stability as conflicting objectives. He proposes a policy framework designed to achieve genuine full employment while enhancing price stability beyond the levels seen in the 1990s. Wray's insights offer a fresh perspective on economic policy, suggesting that these goals can coexist harmoniously rather than being at odds with one another.
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Understanding Modern Money, L. Randall Wray
- Language
- Released
- 2006
- product-detail.submit-box.info.binding
- (Paperback)
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- Title
- Understanding Modern Money
- Subtitle
- The Key to Full Employment and Price Stability
- Language
- English
- Authors
- L. Randall Wray
- Publisher
- Edward Elgar Publishing Ltd
- Released
- 2006
- Format
- Paperback
- Pages
- 208
- ISBN13
- 9781845429416
- Category
- Business and Economics
- Description
- Randall Wray challenges the prevailing economic theory that views full employment and price stability as conflicting objectives. He proposes a policy framework designed to achieve genuine full employment while enhancing price stability beyond the levels seen in the 1990s. Wray's insights offer a fresh perspective on economic policy, suggesting that these goals can coexist harmoniously rather than being at odds with one another.