Ep. 3 - The Real Story of Money with Randy Wray

Funny Money is a show about the economy, how it works, and how it can work better. In this episode, Ka and Andrés are joined by Prof. Randall Wray to discuss the origins of money, macroeconomics, and the intellectual battles that led to Modern Monetary Theory. We cover Adam Smith, John Maynard Keynes, and Karl Marx. We cover money history in the early United States. And we discuss why conventional supply and demand analysis is bunk!

Link to Visuals discussed in the episode: https://bit.ly/RandyWray

Guest Bio: Randall Wray is a Distinguished Visiting Professor at  @willamette University and Professor of Economics at the  @levyeconomicsinstitute of Bard College. He has also taught at Bard College, the University of Missouri-Kansas City  @UMKC, and the University of Denver  @uofdenver. Professor Wray is the author of several books including some of the most important introductions to both MMT and macroeconomics, but his latest book is Making Money Work for Us: How MMT can save America. And of course, Randy is one of the founding thinkers of Modern Monetary Theory.

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Hosts: Jessica "Ka" Burbank & Andrés Bernal
Producer: Mike Lewis
Sound Mixed By: Curtis Clogston

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