Blog October 2012
2012 Money and Banking Conference
byLevy Institute scholars James Galbraith and Randall Wray presented at the annual conference held by the Central Bank of Argentina last week. Galbraith’s presentation began with the issue of the flexibility of central bank mandates and then turned to an account of the long-term evolution in the economy that prepared the groundwork for the recent global financial crisis. Randall Wray spoke on the theoretical and policy implications of a government’s ability to issue a sovereign currency. Video and slides below the fold (full list of speakers here).
(h/t Matias Vernengo and Revista Circus)