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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.

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L. Randall Wray's Latest Articles | 57

Geithner Must Go

Jan 7, 2010| 

Secret emails show Geithner’s NY fed forced AIG (AIG) to hide data. Breaking News: As reported on Bloomberg and in NYT, secret emails show that the NYFed under... Read »

Bernanke’s Apology Falls Flat

Jan 6, 2010| 1

As discussed in Part 1, some of the policymakers responsible for this calamity have started to apologize. On January 3 Chairman Bernanke admitted that rather than... Read »

Rubin and Bernanke Apologize (Sort Of) for Past Sins

Jan 6, 2010| 

Alan Greenspan has already apologized for the damage he wrought, admitting the crisis reveals that his approach to economics is fundamentally flawed. Apparently... Read »

Fed Offers New CD; Chairman Bernanke is Still Confused

Dec 30, 2009| 

As reported in the NYT yesterday, the Fed has decided to offer banks an interest-paying CD. So far, so good. However, the argument offered by the Fed to justify... Read »

Should Bernanke be Reappointed?

Dec 25, 2009| 

Ok, the media is a poor judge of the performance of the Chairman of the Board of Governors. It seems like only yesterday that it anointed “maestro” status... Read »

Krugman Gets it Wrong

Dec 19, 2009| 

In his column in yesterday’s NYT, Professor Paul Krugman rose to the defense of Paul Samuelson. He argued that Michael Hudson’s piece, originally published... Read »

Is It Time to Reduce the Ease to Prevent Inflation and Possible National Insolvency?

Dec 16, 2009| 

The growing consensus view is that the worst is behind us. The Fed’s massive intervention finally quelled the liquidity crisis. The fiscal stimulus package has... Read »

Obama Finds His Spine and Attacks Fat Cat Bankers

Dec 15, 2009| 1

President Obama has finally castigated the fat cat bankers that caused the crisis that forced millions of Americans from their jobs and their homes. Let us hope... Read »

Memo to Congress: Don’t Increase the Government’s Debt Limit!

Nov 19, 2009| 

In a piece written for CNN, Senator Evan Bayh rails against the growing federal government budget deficit. He warns that next month the Treasury will ask Congress... Read »

When All Else Has Failed, Why Not Try Job Creation?

Nov 16, 2009| 

The US continues to hemorrhage jobs even as some purport to see “green shoots”. All plausible projections show that unemployment will rise even if our economy... Read »

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