L. Randall Wray is a a professor of Economics at Bard College. Randy is one of the pioneering academics in the world of Modern Monetary Theory. Randy and Adam discuss MMT, the state of the American economy trough the MMT lens, job guarantee proposals, and cryptocurrency.

Episode 3: MMT Overview & Trump Tax Plan with L. Randall Wray

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Pocket Change is focused on a school of economics known as Modern Monetary Theory, or MMT. MMT describes modern economies in which the national currency is fiat money that’s issued by a sovereign government. The show explains the basics of MMT and examines current events through an MMT lens.