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From: AFEEMAIL Discussion List <[log in to unmask]> on behalf of Wray, Randall <[log in to unmask]>
Sent: Friday, May 31, 2019 5:18:55 AM
To: [log in to unmask]
Subject: MMT textbook sells out


apropos the textbook see the Bloomberg article with nice quote from John Watkins. And what a glorious picture!


https://urldefense.proofpoint.com/v2/url?u=https-3A__www.bloomberg.com_news_articles_2019-2D05-2D31_a-2D600-2Dpage-2Dtextbook-2Dabout-2Dmodern-2Dmonetary-2Dtheory-2Dhas-2Dsold-2Dout&d=DwIF-g&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=LtbujWNPdbzw6j8eq9-RJVMBctp9ndCoqGEy57VsNLQ&m=HrkvbfxXy8ffykDu449iW4PiKs5hrJKufyuVbu4znuY&s=gnwtPk2dnVK7WLgP17PRSzHYSs6cFtWN4ETCQU2SJvQ&e=<https://urldefense.proofpoint.com/v2/url?u=https-3A__eur04.safelinks.protection.outlook.com_-3Furl-3Dhttps-253A-252F-252Furldefense.proofpoint.com-252Fv2-252Furl-253Fu-253Dhttps-2D3A-5F-5Fwww.bloomberg.com-5Fnews-5Farticles-5F2019-2D2D05-2D2D31-5Fa-2D2D600-2D2Dpage-2D2Dtextbook-2D2Dabout-2D2Dmodern-2D2Dmonetary-2D2Dtheory-2D2Dhas-2D2Dsold-2D2Dout-2526d-253DDwMF-2Dg-2526c-253DCu5g146wZdoqVuKpTNsYHeFX-5Frg6kWhlkLF8Eft-2Dwwo-2526r-253DLtbujWNPdbzw6j8eq9-2DRJVMBctp9ndCoqGEy57VsNLQ-2526m-253D6ZFtxtwlUVbYR8MZ8Wl5alzRktrbzjQWB6R4UhM97DU-2526s-253D5KsD23sc-2DVcigcDfBLb1oHuMPC-5FeMIv211j4ePFXwZc-2526e-253D-26data-3D02-257C01-257C-257C228880fdd886434ba27808d6e5cd35f5-257C84df9e7fe9f640afb435aaaaaaaaaaaa-257C1-257C0-257C636949066885931699-26sdata-3DPHxytswyB-252BPpvPrtauNSsZXsfJMw2ey8v8Ll3y8tMSk-253D-26reserved-3D0&d=DwIF-g&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=LtbujWNPdbzw6j8eq9-RJVMBctp9ndCoqGEy57VsNLQ&m=HrkvbfxXy8ffykDu449iW4PiKs5hrJKufyuVbu4znuY&s=udS_ht670Y-Bk4aKs2qKXNKxGauZGCl2JYXlto3EHbo&e=>

If book sales are any guide, then Modern Monetary Theory<https://urldefense.proofpoint.com/v2/url?u=https-3A__eur04.safelinks.protection.outlook.com_-3Furl-3Dhttps-253A-252F-252Furldefense.proofpoint.com-252Fv2-252Furl-253Fu-253Dhttps-2D3A-5F-5Fwww.bloomberg.com-5Fnews-5Farticles-5F2018-2D2D10-2D2D19-5Fthis-2D2Dtheory-2D2Dhas-2D2Dsome-2D2Du-2D2Ds-2D2Dpoliticians-2D2Dthinking-2D2Dbig-2D2Dquicktake-2526d-253DDwMF-2Dg-2526c-253DCu5g146wZdoqVuKpTNsYHeFX-5Frg6kWhlkLF8Eft-2Dwwo-2526r-253DLtbujWNPdbzw6j8eq9-2DRJVMBctp9ndCoqGEy57VsNLQ-2526m-253D6ZFtxtwlUVbYR8MZ8Wl5alzRktrbzjQWB6R4UhM97DU-2526s-253D7gCeulZdbfpN-2DdTleZMN36hF-2Dbu6Nt1u5Xl-2DO9uu-2D18-2526e-253D-26data-3D02-257C01-257C-257C228880fdd886434ba27808d6e5cd35f5-257C84df9e7fe9f640afb435aaaaaaaaaaaa-257C1-257C0-257C636949066885931699-26sdata-3DPXrOFu-252BF6EaCk-252BmkbxfWWAD6ljdrS5h7S-252Biyk4K1oV4-253D-26reserved-3D0&d=DwIF-g&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=LtbujWNPdbzw6j8eq9-RJVMBctp9ndCoqGEy57VsNLQ&m=HrkvbfxXy8ffykDu449iW4PiKs5hrJKufyuVbu4znuY&s=VKiCw0BVUaoAyom9C1u8K1XGmYN2NL-rNaCbIgFOz9g&e=> is gaining traction.

The unorthodox doctrine, which says governments have spare capacity to borrow and spend, has won attention<https://urldefense.proofpoint.com/v2/url?u=https-3A__eur04.safelinks.protection.outlook.com_-3Furl-3Dhttps-253A-252F-252Furldefense.proofpoint.com-252Fv2-252Furl-253Fu-253Dhttps-2D3A-5F-5Fwww.bloomberg.com-5Fnews-5Farticles-5F2019-2D2D04-2D2D08-5Fgoldman-2D2Dsees-2D2Dmmt-2D2Dpositives-2D2Das-2D2Deconomists-2D2Ddebate-2D2Dwho-2D2Dbuys-2D2Dlunch-2526d-253DDwMF-2Dg-2526c-253DCu5g146wZdoqVuKpTNsYHeFX-5Frg6kWhlkLF8Eft-2Dwwo-2526r-253DLtbujWNPdbzw6j8eq9-2DRJVMBctp9ndCoqGEy57VsNLQ-2526m-253D6ZFtxtwlUVbYR8MZ8Wl5alzRktrbzjQWB6R4UhM97DU-2526s-253DvQ0xPYUr39ovMe5rPqFJ5hGrCg7PL0-2DBnwIziJf-2DNrg-2526e-253D-26data-3D02-257C01-257C-257C228880fdd886434ba27808d6e5cd35f5-257C84df9e7fe9f640afb435aaaaaaaaaaaa-257C1-257C0-257C636949066885941707-26sdata-3D1bb0Jx5z-252BMH55SDHWs-252F9ZsWHtHr2dm8NB5I-252FTXaXZ-252FQ-253D-26reserved-3D0&d=DwIF-g&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=LtbujWNPdbzw6j8eq9-RJVMBctp9ndCoqGEy57VsNLQ&m=HrkvbfxXy8ffykDu449iW4PiKs5hrJKufyuVbu4znuY&s=9tgAMyS3ucopsAaLHj3gPBYOhsDMDdKvxV8-kMmMCcE&e=> on Wall Street and enemies<https://urldefense.proofpoint.com/v2/url?u=https-3A__eur04.safelinks.protection.outlook.com_-3Furl-3Dhttps-253A-252F-252Furldefense.proofpoint.com-252Fv2-252Furl-253Fu-253Dhttps-2D3A-5F-5Fwww.bloomberg.com-5Fnews-5Farticles-5F2019-2D2D05-2D2D03-5Fsenate-2D2Drepublicans-2D2Dmmt-2526d-253DDwMF-2Dg-2526c-253DCu5g146wZdoqVuKpTNsYHeFX-5Frg6kWhlkLF8Eft-2Dwwo-2526r-253DLtbujWNPdbzw6j8eq9-2DRJVMBctp9ndCoqGEy57VsNLQ-2526m-253D6ZFtxtwlUVbYR8MZ8Wl5alzRktrbzjQWB6R4UhM97DU-2526s-253DSp9DRdu8TADkNDI6-2DMgVfRHymjI4csZ8NCLGJ4GOhn4-2526e-253D-26data-3D02-257C01-257C-257C228880fdd886434ba27808d6e5cd35f5-257C84df9e7fe9f640afb435aaaaaaaaaaaa-257C1-257C0-257C636949066885941707-26sdata-3DubO5rdY49tAR5isZrBbPbdnsRBJtrANZt6zm4tcRBhg-253D-26reserved-3D0&d=DwIF-g&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=LtbujWNPdbzw6j8eq9-RJVMBctp9ndCoqGEy57VsNLQ&m=HrkvbfxXy8ffykDu449iW4PiKs5hrJKufyuVbu4znuY&s=K7wTDfpof17Nw9JiaiPzEL0LbwbUVLd-ZpOx-qhyN18&e=> (as well as a few friends) in Washington. Now, itís trying to break into academia. And itís off to a good start.



[cid:eb9e5ed7-a556-4355-bd79-5d4f2ac3c68f]


L. Randall Wray
Senior Scholar, Levy Economics Institute
Papers: www.levyinstitute.org/publications/?auth=287<https://urldefense.proofpoint.com/v2/url?u=https-3A__eur04.safelinks.protection.outlook.com_-3Furl-3Dhttps-253A-252F-252Furldefense.proofpoint.com-252Fv2-252Furl-253Fu-253Dhttp-2D3A-5F-5Fwww.levyinstitute.org-5Fpublications-5F-2D3Fauth-2D3D287-2526d-253DDwMF-2Dg-2526c-253DCu5g146wZdoqVuKpTNsYHeFX-5Frg6kWhlkLF8Eft-2Dwwo-2526r-253DLtbujWNPdbzw6j8eq9-2DRJVMBctp9ndCoqGEy57VsNLQ-2526m-253D6ZFtxtwlUVbYR8MZ8Wl5alzRktrbzjQWB6R4UhM97DU-2526s-253DEgF-5FKC9Qe2V0JwoHN1X8gOKvLbDdMxT1Mi8oDBzaTo8-2526e-253D-26data-3D02-257C01-257C-257C228880fdd886434ba27808d6e5cd35f5-257C84df9e7fe9f640afb435aaaaaaaaaaaa-257C1-257C0-257C636949066885951715-26sdata-3Dnb71g7wT-252Bdwn0X172TPws4BdimzuA1t-252Fu9kQUJnm9H4-253D-26reserved-3D0&d=DwIF-g&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=LtbujWNPdbzw6j8eq9-RJVMBctp9ndCoqGEy57VsNLQ&m=HrkvbfxXy8ffykDu449iW4PiKs5hrJKufyuVbu4znuY&s=O5CA5HCwnZvQxeQXHs6yu3ENUa_tEzTSSi5kCUZvamY&e=>

Co-editor Journal of Post Keynesian Economics
ISSN 0160-3477 (Print), 1557-7821 (Online)
www.tandfonline.com/toc/mpke20/current
https://urldefense.proofpoint.com/v2/url?u=http-3A__www.tandfonline.com_toc_mpke20_current&d=DwIF-g&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=LtbujWNPdbzw6j8eq9-RJVMBctp9ndCoqGEy57VsNLQ&m=HrkvbfxXy8ffykDu449iW4PiKs5hrJKufyuVbu4znuY&s=h64gGBZEVeXeH0bybDgphT40g5pRh0g2fYxvoUboyEo&e=<https://urldefense.proofpoint.com/v2/url?u=https-3A__eur04.safelinks.protection.outlook.com_-3Furl-3Dhttps-253A-252F-252Furldefense.proofpoint.com-252Fv2-252Furl-253Fu-253Dhttp-2D3A-5F-5Fwww.tandfonline.com-5Ftoc-5Fmpke20-5Fcurrent-2526d-253DDwMF-2Dg-2526c-253DCu5g146wZdoqVuKpTNsYHeFX-5Frg6kWhlkLF8Eft-2Dwwo-2526r-253DLtbujWNPdbzw6j8eq9-2DRJVMBctp9ndCoqGEy57VsNLQ-2526m-253D6ZFtxtwlUVbYR8MZ8Wl5alzRktrbzjQWB6R4UhM97DU-2526s-253DsfLAna2HrHxDF3eYzPwMAWQ0H8jtaTG6f4-5F6VHMrXqk-2526e-253D-26data-3D02-257C01-257C-257C228880fdd886434ba27808d6e5cd35f5-257C84df9e7fe9f640afb435aaaaaaaaaaaa-257C1-257C0-257C636949066885961723-26sdata-3DSkaslDj2d4syT-252FlZqF0b778QfXV-252BfO6qYUgaCZqEcQc-253D-26reserved-3D0&d=DwIF-g&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=LtbujWNPdbzw6j8eq9-RJVMBctp9ndCoqGEy57VsNLQ&m=HrkvbfxXy8ffykDu449iW4PiKs5hrJKufyuVbu4znuY&s=9GXbXR6mWASHVPyZwOb_IkW97gIM-HGb3EXrzcIsqrk&e=>
<https://urldefense.proofpoint.com/v2/url?u=https-3A__eur04.safelinks.protection.outlook.com_-3Furl-3Dhttps-253A-252F-252Furldefense.proofpoint.com-252Fv2-252Furl-253Fu-253Dhttp-2D3A-5F-5Fhttp-2D3A-5F-5Fwww.tandfonline.com-5Ftoc-5Fmpke20-5Fcurrent-2526d-253DDwMF-2Dg-2526c-253DCu5g146wZdoqVuKpTNsYHeFX-5Frg6kWhlkLF8Eft-2Dwwo-2526r-253DLtbujWNPdbzw6j8eq9-2DRJVMBctp9ndCoqGEy57VsNLQ-2526m-253D6ZFtxtwlUVbYR8MZ8Wl5alzRktrbzjQWB6R4UhM97DU-2526s-253DSXPsSUcJPuRgXHFoh2-5F7qbsV4EQSgB-5Fouu7vKv4XqAs-2526e-253D-26data-3D02-257C01-257C-257C228880fdd886434ba27808d6e5cd35f5-257C84df9e7fe9f640afb435aaaaaaaaaaaa-257C1-257C0-257C636949066885961723-26sdata-3DG1o0UPoWB8zAt8rAuEeTy4jPi8jcMCCihUfrzvw0IoM-253D-26reserved-3D0&d=DwIF-g&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=LtbujWNPdbzw6j8eq9-RJVMBctp9ndCoqGEy57VsNLQ&m=HrkvbfxXy8ffykDu449iW4PiKs5hrJKufyuVbu4znuY&s=Te8UFsgxrHwLOMQ0ohvxB1HiEMKXmSdaLdlrHisMY1I&e=>
New Book: Why Minsky Matters: An Introduction to the work of a maverick economist, Princeton University Press https://urldefense.proofpoint.com/v2/url?u=http-3A__press.princeton.edu_titles_10575.html&d=DwIF-g&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=LtbujWNPdbzw6j8eq9-RJVMBctp9ndCoqGEy57VsNLQ&m=HrkvbfxXy8ffykDu449iW4PiKs5hrJKufyuVbu4znuY&s=atKwVJAFLzOn5TlN67hcgNh19PT-TBt_aue8OmI89ok&e=<https://urldefense.proofpoint.com/v2/url?u=https-3A__eur04.safelinks.protection.outlook.com_-3Furl-3Dhttps-253A-252F-252Furldefense.proofpoint.com-252Fv2-252Furl-253Fu-253Dhttp-2D3A-5F-5Fpress.princeton.edu-5Ftitles-5F10575.html-2526d-253DDwMF-2Dg-2526c-253DCu5g146wZdoqVuKpTNsYHeFX-5Frg6kWhlkLF8Eft-2Dwwo-2526r-253DLtbujWNPdbzw6j8eq9-2DRJVMBctp9ndCoqGEy57VsNLQ-2526m-253D6ZFtxtwlUVbYR8MZ8Wl5alzRktrbzjQWB6R4UhM97DU-2526s-253DEQZbovSIMaNbV516HDKKvd9t9XSNjV2-5FTppIZ4Od9-5F8-2526e-253D-26data-3D02-257C01-257C-257C228880fdd886434ba27808d6e5cd35f5-257C84df9e7fe9f640afb435aaaaaaaaaaaa-257C1-257C0-257C636949066885971732-26sdata-3DfWF-252FOUrUoF11W5UbUfJO32u7qchXPLw-252BL3EK3EQJOUg-253D-26reserved-3D0&d=DwIF-g&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=LtbujWNPdbzw6j8eq9-RJVMBctp9ndCoqGEy57VsNLQ&m=HrkvbfxXy8ffykDu449iW4PiKs5hrJKufyuVbu4znuY&s=lrjWrH8F28lfmUPP4HcApiLadxTu7oZzhK0hKaDwZPE&e=>

New Book: Modern Money Theory: a primer on macroeconomics for sovereign monetary systems, Palgrave Macmillan https://urldefense.proofpoint.com/v2/url?u=http-3A__www.palgrave.com_page_detail_modern-2Dmoney-2Dtheory-2Dl-2Drandall-2Dwray_-3Fisb-3D9781137539908&d=DwIF-g&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=LtbujWNPdbzw6j8eq9-RJVMBctp9ndCoqGEy57VsNLQ&m=HrkvbfxXy8ffykDu449iW4PiKs5hrJKufyuVbu4znuY&s=n7cgcL4xS86lSmhDCs2AHsSXRf58mgUwI_eM68KKNJQ&e=<https://urldefense.proofpoint.com/v2/url?u=https-3A__eur04.safelinks.protection.outlook.com_-3Furl-3Dhttps-253A-252F-252Furldefense.proofpoint.com-252Fv2-252Furl-253Fu-253Dhttp-2D3A-5F-5Fwww.palgrave.com-5Fpage-5Fdetail-5Fmodern-2D2Dmoney-2D2Dtheory-2D2Dl-2D2Drandall-2D2Dwray-5F-2D3Fisb-2D3D9781137539908-2526d-253DDwMF-2Dg-2526c-253DCu5g146wZdoqVuKpTNsYHeFX-5Frg6kWhlkLF8Eft-2Dwwo-2526r-253DLtbujWNPdbzw6j8eq9-2DRJVMBctp9ndCoqGEy57VsNLQ-2526m-253D6ZFtxtwlUVbYR8MZ8Wl5alzRktrbzjQWB6R4UhM97DU-2526s-253DeaLmv2P-2DnhCQK9bWUuykoTiUnERe7UfTr2WxuWGUw3A-2526e-253D-26data-3D02-257C01-257C-257C228880fdd886434ba27808d6e5cd35f5-257C84df9e7fe9f640afb435aaaaaaaaaaaa-257C1-257C0-257C636949066885981740-26sdata-3DNLIYi7xt-252FB9xIa0vPrCQUntOpqzvliG-252Bhcrm1rs98Iw-253D-26reserved-3D0&d=DwIF-g&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=LtbujWNPdbzw6j8eq9-RJVMBctp9ndCoqGEy57VsNLQ&m=HrkvbfxXy8ffykDu449iW4PiKs5hrJKufyuVbu4znuY&s=6RUyk_PR4Fagr9goki88nHJpkHiEAqVJA6VFAFnrMfM&e=>

Please make note of my new email address as I will be transitioning all email to:
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