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Modern Money Theory : A Primer on Macroeconomics for Sovereign Monetary Systems Environment humour and humility Anne Donovan'sBook Title: Modern Money Theory ISBN: 9780230368897 By Author(s): L. RANDALL WRAY By Publisher: SPRINGER NATURE Format: PB In a challenge to conventional views on modern monetary and fiscal policy, this book presents a coherent analysis of how money is created, how it functions in global exchange rate regimes, and how the mystification of the nature of money has constrained governments, and prevented states from acting in the public interest.