Professor L Randall Wray | The History and Nature of Money | January 2024

Professor Wray explores the origins and nature of money from the #MMT perspective.
In this exceptionally thought provoking session Professor Wray links money to debt. He explains the historical connection between the the invention of writing as a way to keep track of credits and debits.
If you are interested in studying with us in the Economics of Sustainability postgraduate program, you can read more at modernmoneylab... and www.torrens.ed...

[@jimnickola7196]

Fantastic episode! I’m a big fan of Randy Wray’s way of explaining things and how persuasive his logic is.

[@dannywindham3295]

Randy Wray THANK YOU

[@theomen131]

great talk!

[@waynemcmillan5970]

Great to hear Professor Wray in Australia. His work on money and Post Keynesian Institutionalism is necessary reading, for any serious student of macroeconomics.

[@modernmoneylab5119]

For new students and potential students, we have two informal zoom Q&A sessions planned, the first one is Wednesday 24th January 9am AEDT in Australia / Tuesday 23rd January 10pm GMT in the UK / Tuesday 23rd January 5pm EST in the US. Same link as for the lecture. Please contact us if you would like details.

[@r3b3lvegan89]

Money changers 1996 by Bill Still and the Power Elite by C Wright Mills and Zeitgeist trilogy covered this heavily. I really wish people would stop pretending this is new or hasn’t been widely covered and known for well over 100 years now through research before computers were even around. Even Chomsky has been calling out the Federal Reserve and US congress with Manufacturing consent and all his video lectures on world finance from MIT 1999

[@AlgoNudger]

Thanks.

[@merfymac]

Good video. As an American I got to say, I found Wray’s use of “us” and “we” for US colonials a little demented!