
L. Randall Wray
EconomistPost-Keynesianb. 1953· American
Levy Institute economist and one of the principal architects of MMT. His Modern Monetary Theory: A Primer is the canonical short statement of the case that monetarily-sovereign governments are not revenue-constrained. Included as a counterweight in the M69 corpus — the framework explicitly engages MMT rather than ignoring it.
| Key Ideas | Modern Monetary Theorysovereign currency issuancetaxes-drive-moneyemployer of last resort |
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