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Revista de Economía Institucional
Print version ISSN 0124-5996
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.