Keynes’s General Theory
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Keynes’s General Theory

Seventy-Five Years Later

Edited by Thomas Cate

This volume, a collection of essays by internationally known experts in the area of the history of economic thought and of the economics of Keynes and macroeconomics in particular, is designed to celebrate the 75th anniversary of the publication of The General Theory.
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Chapter 15: Keynes after 75 Years: Rethinking Money as a Public Monopoly

L. Randall Wray

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15. Keynes after 75 years: rethinking money as a public monopoly L. Randall Wray INTRODUCTION In this chapter I first provide an overview of alternative approaches to money, then focus in more detail on two main categories: the orthodox approach t...

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