L. Randall Wray

Affiliation: University of Missouri

L. Randall Wray, Ph.D. is Professor of Economics at the University of Missouri-Kansas City, Research Director with the Center for Full Employment and Price Stability and Senior Research Scholar at The Levy Economics Institute.

His research expertise is in: financial instability, macroeconomics, and full employment policy.

Visit: L. Randall Wray's Page




L. Randall Wray's Latest Articles | 41

Health Care Reform: A Bailout for Insurers and Cuts to Medicare

Mar 18, 2010| 

It is beginning to look like Congress is going to vote to pass health care legislation on Sunday. According to the NYTimes, Democrats are practically celebrating... Read »

Did Geithner Help Lehman Hide Accounting Tricks?

Mar 15, 2010| 

Just when you thought that nothing could stink more than Timothy Geithner’s handling of the AIG bailout, a new report details how Geithner’s New York... Read »

What Caused the Budget Deficit? Not What You Think!

Feb 25, 2010| 

Despite all the conservative uproar against Obama’s stimulus plan, the largest portion of the increase in the deficit has come from automatic stabilizers and not... Read »

Worst Revelation Yet in the On-going Goldman-AIG-NYFed Scandal

Feb 23, 2010| 1

Richard Teitelbaum reported today that Timothy Geitner’s New York Fed hid the smoking gun that proves Goldman played the key role in bringing down AIG. The... Read »

Memo to Greece: Make War Not Love with Goldman Sachs

Feb 21, 2010| 

In recent weeks there has been much discussion about what to do about Greece. These questions become all the more relevant as the country attempts to float a multibillion-euro... Read »

Time to Throw Some Water on the Deficit Hysteria Fire

Feb 18, 2010| 2

Can or should the federal government balance its budget? Nowadays the only thing on everybody’s mind is the level of government deficit and national debt.... Read »

Wall Street Still Doesn’t Get It

Feb 16, 2010| 1

Peasant Insurance, Greek Debts, and CLX Derivatives Forget the bonuses. Sure, it is disgusting that Wall Street is funneling government bail-out funds straight to... Read »

Why Do Progressives Claim that Deficits Today Mean More Pain Tomorrow?

Feb 11, 2010| 3

Yesterday I posted a blog here arguing that we should not conflate a sovereign government’s balance sheet with that of a household. One is the issuer of the... Read »

Let Banks Choose: Bonuses or Bank Charters?

Feb 5, 2010| 

Now here is the best idea we have seen yet. Britain’s Financial Services Authority has come up with the ultimate response to bank claims that they must pay... Read »

What President Obama Ought to Say in His State of the Union Address

Jan 27, 2010| 

President Obama: Over the past year it has become amply clear that targeting most of the Federal Government’s assistance toward Wall Street rather than Main... Read »