A Great Leap Forward: Heterodox Economic Policy for the 21st Century

Author:   Randall Wray (Levy Economics Institute of Bard College, USA)
Publisher:   Elsevier Science Publishing Co Inc
ISBN:  

9780128193808


Pages:   206
Publication Date:   16 January 2020
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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A Great Leap Forward: Heterodox Economic Policy for the 21st Century


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Overview

A Great Leap Forward: Heterodox Economic Policy for the 21st Century investigates economic policy from a heterodox and progressive perspective. Author Randall Wray uses relatively short chapters arranged around several macroeconomic policy themes to present an integrated survey of progressive policy on topics of interest today that are likely to remain topics of interest for many years.

Full Product Details

Author:   Randall Wray (Levy Economics Institute of Bard College, USA)
Publisher:   Elsevier Science Publishing Co Inc
Imprint:   Academic Press Inc
Weight:   0.430kg
ISBN:  

9780128193808


ISBN 10:   0128193808
Pages:   206
Publication Date:   16 January 2020
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

1. The Trouble with Financialization 2. The Road to Social Progress 3. Tackling Poverty Inequality. The Road to Full Employment and Price Stability 4. Money and the Public Purpose

Reviews

"""Presents progressive policy recommendations for the twenty-first century based in modern money theory (MMT), promoting the argument that finance has become an excessive and detrimental influence on the economy. Examines characteristics of the current stage of capitalism and the precariousness of the financial sector. Reviews policies for enhancing social and economic security and supplying basic wants and needs. Analyzes problems that have contributed to rising inequality, joblessness, and poverty. Explains the need for government to play a larger and more beneficial role in financing the development of the economy."" --Journal of Economic Literature"


Presents progressive policy recommendations for the twenty-first century based in modern money theory (MMT), promoting the argument that finance has become an excessive and detrimental influence on the economy. Examines characteristics of the current stage of capitalism and the precariousness of the financial sector. Reviews policies for enhancing social and economic security and supplying basic wants and needs. Analyzes problems that have contributed to rising inequality, joblessness, and poverty. Explains the need for government to play a larger and more beneficial role in financing the development of the economy. --Journal of Economic Literature


Author Information

L. Randall Wray is a professor of Economics at Bard College and Senior Scholar at the Levy Economics Institute. Wray taught at the University of Missouri–Kansas City from 1999 to 2016 and at the University of Denver from 1987 to 1999, and has been a visiting professor at the Universities of Paris and Rome (La Sapienza), as well as holding a variety of visiting positions in China, the Czech Republic, Brazil, Mexico, and Italy. From 1994 to 1995 he was a Fulbright Scholar at the University of Bologna, and he has recently completed a Fulbright Specialist Grant at the Tallinn University of Technology in Estonia. He has had a number of funded research grants from the Ford Foundation, from the Asian Development Bank, and from the Institute for New Economic Thinking. He holds a BA from the University of the Pacific and an MA and a Ph.D. from Washington University, where he was a student of Minsky. His recent publications include: A Great Leap Forward: Heterodox Economic Policy for the 21st Century; Macroeconomics; “MMT and Two Paths to Big Deficits”, Challenge; “Cranks and heretics: the importance of an analytical framework” Cambridge Journal of Economics; Why Minsky Matters: An Introduction to the Work of a Maverick Economist; and Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems. His books have been published in many languages, including Chinese, Spanish, Portuguese, Ukrainian, and Japanese.

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