Abstract

WRAY, L. Randall. Alternative paths to modern money theory. Rev.econ.inst. [online]. 2020, vol.22, n.43, pp.29-56.  Epub Feb 01, 2021. ISSN 0124-5996.  https://doi.org/10.18601/01245996.v22n43.03.

This article clarifies the meaning of modern monetary theory. While synthesizing four paths that lead to this theory and its conclusions - the paths of history, logic, theory and practice - it questions some of the objections that its critics have made.

JEL: E42

Keywords : Modern money theory.

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