apropos the textbook see the Bloomberg article with nice quote from John Watkins. And what a glorious picture!
If book sales are any guide, then Modern Monetary Theory is gaining traction.
The unorthodox doctrine, which says governments have spare capacity to borrow and spend, has won attention on Wall Street and enemies (as well as a few friends) in Washington. Now, it’s trying to break into academia. And it’s off to a good start.
L. Randall WraySenior Scholar, Levy Economics InstitutePapers: www.levyinstitute.org/publications/?auth=287
Co-editor Journal of Post Keynesian Economics
ISSN 0160-3477 (Print), 1557-7821 (Online)
New Book: Why Minsky Matters: An Introduction to the work of a maverick economist, Princeton University Press http://press.princeton.edu/titles/10575.htmlNew Book: Modern Money Theory: a primer on macroeconomics for sovereign monetary systems, Palgrave Macmillan http://www.palgrave.com/page/detail/modern-money-theory-l-randall-wray/?isb=9781137539908Please make note of my new email address as I will be transitioning all email to: