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Journal of Post Keynesian Economics Volume 22, 2000 - Issue 3
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Original Articles

Modern Money: Fiat or Credit?

Perry Mehrling
Pages 397-406 | Published online: 03 Nov 2015

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Jakob Feinig. (2020) Toward a moral economy of money? Money as a creature of democracy. Journal of Cultural Economy 13:5, pages 531-547.
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Gerald Epstein. (2020) The MMT Free Lunch Mirage Can Lead to a Perverse Outcome. Challenge 63:1, pages 2-13.
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Esteban Pérez Caldentey. (2017) Quantitative Easing (QE), Changes in Global Liquidity, and Financial Instability. International Journal of Political Economy 46:2-3, pages 91-112.
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Stefano Sgambati. (2016) Rethinking banking. Debt discounting and the making of modern money as liquidity. New Political Economy 21:3, pages 274-290.
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Thomas I. Palley. (2015) The Critics of Modern Money Theory (MMT) are Right. Review of Political Economy 27:1, pages 45-61.
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Marc Lavoie. (2013) The Monetary and Fiscal Nexus of Neo-Chartalism: A Friendly Critique. Journal of Economic Issues 47:1, pages 1-32.
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William Mitchell & L. Randall Wray. (2005) In Defense of Employer of Last Resort: A Response to Malcolm Sawyer. Journal of Economic Issues 39:1, pages 235-244.
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Malcolm Sawyer. (2003) Employer of Last Resort: Could It Deliver Full Employment and Price Stability?. Journal of Economic Issues 37:4, pages 881-907.
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Articles from other publishers (21)

Brian Duricy & Maxwell G. PoitierJr.Jr.. (2023) Assessing Modern Monetary Theory’s Peculiar Ontology of Money. Philosophy of the Social Sciences 54:2, pages 133-150.
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James Culham. (2023) Exchange liquidity and redemption liquidity. Cambridge Journal of Economics 47:3, pages 667-679.
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Esteban Cruz Hidalgo, Francisco Manuel Parejo Moruno, José Francisco Rangel Preciado & Eduardo Garzón Espinosa. (2021) La soberanía monetaria a debate: la historia del dinero y sus controvertidas implicaciones políticas. Política y Sociedad 58:3, pages e65724.
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Gerald Epstein. (2020) The Empirical and Institutional Limits of Modern Money Theory. Review of Radical Political Economics 52:4, pages 772-780.
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Perry Mehrling. (2020) Payment vs. Funding: The Law of Reflux for Today. Institute for New Economic Thinking Working Paper Series, pages 1-27.
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Gerald A. EpsteinGerald A. Epstein. 2019. What's Wrong with Modern Money Theory?. What's Wrong with Modern Money Theory? 17 33 .
Gerald A. EpsteinGerald A. Epstein. 2019. What's Wrong with Modern Money Theory?. What's Wrong with Modern Money Theory? 1 15 .
Jocelyn Pixley. 2018. Central Banks, Democratic States and Financial Power. Central Banks, Democratic States and Financial Power.
Νikolaos A. Kyriazis. (2017) Eurozone Debt Monetization and Helicopter Money Drops: How Viable can this be?. Journal of Central Banking Theory and Practice 6:3, pages 5-15.
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ALEXANDER LIPTON. (2016) MODERN MONETARY CIRCUIT THEORY, STABILITY OF INTERCONNECTED BANKING NETWORK, AND BALANCE SHEET OPTIMIZATION FOR INDIVIDUAL BANKS. International Journal of Theoretical and Applied Finance 19:06, pages 1650034.
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Stefano Sgambati. (2015) The Significance of Money Beyond Ingham’s Sociology of Money. European Journal of Sociology 56:2, pages 307-339.
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Malcolm Sawyer. 2013. Financial Crises and the Nature of Capitalist Money. Financial Crises and the Nature of Capitalist Money 162 177 .
Zoraide Bezerra Gomes & André Luís Cabral de Lourenço. (2012) O Estado como empregador de última instância: uma proposta de pleno emprego, estabilidade e condições dignas de trabalho para o Brasil. Economia e Sociedade 21:3, pages 485-519.
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Ludovic Desmedt & Pierre Piégay. (2007) Monnaie, État et Production : apports et limites de l'approche néo-chartaliste. Cahiers d'économie Politique n° 52:1, pages 115-133.
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Carl Wennerlind. (2004) The Death Penalty as Monetary Policy: The Practice and Punishment of Monetary Crime, 1690-1830. History of Political Economy 36:1, pages 131-161.
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John Taskinsoy. (2019) Turkish Lira – A Fiat Currency that Resembles the Volatility of Cryptocurrencies: The Effects of Exchange Rate Volatility on Turkish Economy. SSRN Electronic Journal.
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L. Randall Wray. (2012) Introduction to an Alternative History of Money. SSRN Electronic Journal.
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L. Randall Wray. (2007) Endogenous Money: Structuralist and Horizontalist. SSRN Electronic Journal.
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L. Randall Wray. (2004) The Credit Money and State Money Approaches. SSRN Electronic Journal.
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William F. Mitchell & L. Randall Wray. (2005) Full Employment Through a Job Guarantee: A Response to the Critics. SSRN Electronic Journal.
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Eric Tymoigne & L. Randall Wray. (2005) Money: An Alternative Story. SSRN Electronic Journal.
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