Books by L. Randall Wray
“Innes is the urtext for me. If this wasn’t a list of five, but a list of one, this is the one that would be on it. I can’t imagine trying to teach about money at any level of education without using Innes. His first essay is What is Money? And his answer is, money is credit, credit is money. It is very much that straightforward for Innes.” Read more...
Samuel A. Chambers, Political Scientist
Interviews where books by L. Randall Wray were recommended
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1
Currency and Credit
by R. G. Hawtrey -
2
Credit and State Theories of Money: The Contributions of A. Mitchell Innes
by L. Randall Wray -
3
The Nature of Money
by Geoffrey Ingham -
4
History of Economic Analysis
by Joseph A. Schumpeter -
5
The New Lombard Street: How the Fed Became the Dealer of Last Resort
by Perry Mehrling
The best books on Money, recommended by Samuel A. Chambers
The best books on Money, recommended by Samuel A. Chambers
Economists have offered two contrasting explanations of what money is and what it is for. For a long time, its function as a commodity, a store of value and a medium of exchange dominated economics textbooks. But, as Professor Samuel A. Chambers explains, understanding money as something closer to credit is more convincing and supported by other social sciences and what we’ve learned from the 2008 financial crisis.
