Author

Randall Wray 74 posts 0 comments

L. Randall Wray is a professor of economics and research director of the Center for Full Employment and Price Stability at the University of Missouri–Kansas City. His current research focuses on providing a critique of orthodox monetary policy, and the development of an alternative approach. He also publishes extensively in the areas of full employment policy and the monetary theory of production. Wray received a B.A. from the University of the Pacific and an M.A. and a Ph.D. from Washington University, where he was a student of Hyman Minsky.

Monetary System

Deficits Do Matter, But Not the Way You Think

Randall Wray Jul 20, 2010

By L. Randall Wray, Professor of Economics at the University of Missouri-Kansas City, Research Director with the Center for Full Employment and Price Stability and Senior Research Scholar at The Levy Economics Institute. In recent months,…

Economy

Senator Blanche Lincoln’s Derivatives Reform Bill Must Pass

Randall Wray Apr 23, 2010

This is a fiery take on derivatives and too-big-to-fail institutions by Randall Wray which originally appeared at New Deal 2.0. Professor Wray believes naked shorting via derivatives should be outlawed. He goes further to say that the…

Economy

End ‘Too Big to Fail’ in 2 Easy Steps

Randall Wray Mar 22, 2010

This is a post which originally appeared at New Deal 2.0 by Randall Wray. L. Randall Wray, Ph.D. is Professor of Economics at the University of Missouri-Kansas City, Research Director with the Center for Full Employment and Price Stability…

Political Economy

Fire Geithner Now!

Randall Wray Jan 10, 2010

This is a post which originally appeared at New Deal 2.0 by Randall Wray on why President Obama needs a new economic team, starting with Tim Geithner. L. Randall Wray, Ph.D. is Professor of Economics at the University of Missouri-Kansas…