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Randall Wray is a Senior Scholar at the Levy Economics Institute and Professor of Economics at Bard College. He is one of the original developers of Modern Money Theory. Wray’s most recent books are Why Minsky Matters(Princeton University Press, 2016), and A Great Leap Forward; Academic Press, January 2020.

Five new books will be published in 2022/2023: Making Money Work for Us (Polity Fall 2022), Handbook of Economic Stagnation (with Flavia Dantas), Elsevier (April 2022), Money For Beginners (with Heske Van Doornen), Polity Press (early 2023), Modern Monetary Theory: Key Thinkers, Leading Insights (editor) Edward Elgar Publishing (2022), and The Elgar Companion to Modern Money Theory (with Yeva Nersisyan), Edward Elgar Publishing (2023).

Wray is the author of Money and Credit in Capitalist Economies (Edward Elgar, 1990), Understanding Modern Money (Edward Elgar, 1998), The Rise and Fall of Money Manager Capitalism (with É. Tymoigne; Routledge, 2013), Modern Money Theory (Palgrave Macmillan, 2012; 2nd rev. ed., 2015), and a textbook, Macroeconomics (with William Mitchell and Martin Watts; Red Globe Press, 2019),

Wray previously taught at the University of Missouri–Kansas City and at the University of Denver, and has been a visiting professor at the Universities of Paris, Bologna, Bergamo and Rome, as well as UNAM in Mexico City. He holds a BA from the University of the Pacific and an MA and a Ph.D. from Washington University, where he was a student of Minsky. He has held a number of Fulbright Grants, including most recently at the Tallinn University of Technology in Estonia. He is the 2022 Veblen-Commons Award winner for contributions to Institutionalist Thought and will be the 2022-2023 Teppola Distinguished Visiting Professor at Willamette University, Salem Oregon.