August 2nd, 2015
Modern Money and Public Purpose
Econintersect: In a program 'Modern Money and Public Purpose', an interdisciplinary seminar series held at Columbia Law School over the 2012-2013 academic year, the first program, moderated by history professor William V. Harris, featured two who have contributed to GEI, L. Randall Wray and Michael Hudson. The series aims to present new perspectives and progressive policy proposals on a range of contemporary issues facing the U.S. and global macroeconomy. This first program discusses how current fiat monetary systems operate and how this has derived from what is known about money and credit (debt) from archaeological records.