What is happening to our economy and our politics? Are we stuck forever in this corporate dystopia? What can we learn from the failures of radical politics over the last 100 years? Commandante Alpha talks in depth to experts from the fields of Political Economy, Politics, Science, Philosophy, Complexity, Mathematics, Music, and the Environment.
https://www.podomatic.com/podcasts/fromalpha2omega
#011: Post (Keynesian) Modern Money
We are joined by Professor L. Randall Wray this week, an economist and expert in Modern Monetary Theory. Prof. Wray also blogs over at 'New Economic Perspectives', which tries it's best, amongst other things, to dispel the myths surrounding our monetary system. We discuss the origins of money, Chartalism, the German Colonies and Stone money, the nature of government debt, the problems with the euro, commodity price speculation, Bill Clinton's budget surpluses, and regime change in the US.
Prof. Wray has a new book coming out next month. You can find it on Amazon here:
http://www.amazon.com/Modern-Money-Theory-Macroeconomics-Sovereign/dp/0230368891/ref=la_B001HP7OPG_1_1?ie=UTF8&qid=1344180162&sr=1-1
You can check out his postings on the most excellent blog:
http://neweconomicperspectives.org/
Over and Ooot!