Thought I’d put together a (not exhaustive) list of academic papers and books written by leading MMTers for future reference. Links included where full read access is available. All links were live as of 9th July 2013. I’ve ordered them by broad topic. Citations taken from Google Scholar.

On MMT itself

Fullwiler, Scott, Stephanie Kelton, and L. Randall Wray. “Modern Money Theory: A Response to Critics.” Political Economy Research Institute Working Paper 279 (2012).

Wray, L. Randall. Modern money theory: A primer on macroeconomics for sovereign monetary systems. Palgrave Macmillan, 2012.

Fiebiger, B., Fullwiler, S., Kelton, S., & Wray, L. R. (2012). Modern Monetary Theory: A Debate (No. wp279).

Fullwiler, Scott. “Modern Monetary Theory-A Primer on the Operational Realities of the Monetary System.” Available at SSRN 1723198 (2010).

Money

Bell, Stephanie. “The role of the state and the hierarchy of money.” Cambridge Journal of Economics 25.2 (2001): 149-163.

Bell, Stephanie. “The hierarchy of money.” The Jerome Levy Economics Institute WP 231 (1998).

Wray, L. Randall. Understanding modern money. Edward Elgar, 2003.

Wray, L. Randall. Money and credit in capitalist economies: the endogenous money approach. E. Elgar, 1990.

Wray, Larry Randall, and Alfred Mitchell Innes, eds. Credit and state theories of money: The contributions of A. Mitchell Innes. Edward Elgar Publishing, 2004.

Wray, L. Randall. “Alternative approaches to money.” Theoretical Inquiries in Law 11.1 (2010): 29-49.

Wray, L. Randall. Introduction to an alternative history of money. No. wp_717. 2012.

Mosler, Warren. Soft Currency Economics. 1994

Tcherneva, Pavlina R. “Chartalism and the tax-driven approach to money.” A Handbook of Alternative Monetary Economics 69 (2006).

Tcherneva, Pavlina R. “The Nature, Origins, and Role of Money: Broad and Specific Propositions and Their Implications for Policy.” Center for Full Employment and Price Stability, Kansas City, MO, Working Papers 46 (2005).

Forstater, Mathew. “Taxation and primitive accumulation: the case of colonial Africa.” Research in Political Economy 22 (2005): 51-64.

Wray, L. Randall. “A Meme for Money.” Levy Economics Institute of Bard College Working Papers 736 (2012).

Job Guarantee/Full Employment

Mitchell, William, and L. Randall Wray. “In defense of employer of last resort: a response to Malcolm Sawyer.” Journal of Economic Issues 39.1 (2005): 235-244.

Wray, L. Randall. The employer of last resort programme: could it work for developing countries?. Internat. Labour Organization, 2007.

Wray, L. Randall. “Zero unemployment and stable prices.” Journal of Economic Issues 32.2 (1998): 539-545.

Tcherneva, Pavlina, and L. Randall Wray. “Gender and the Job Guarantee: The impact of Argentina’s Jefes program on female heads of poor households.”Kansas City: Center for Full Employment and Price Stability (2005).

Tcherneva, Pavlina, and L. Randall Wray. “Employer of Last Resort: A Case Study of Argentina’s Jefes Program.” Available at SSRN 1010145 (2005).

Tcherneva, Pavlina R. “Permanent on-the-spot job creation—the missing Keynes Plan for full employment and economic transformation.” Review of Social Economy 70.1 (2012): 57-80.

Tcherneva, Pavlina. “Job or income guarantee?.” Centre for Full Employment and Price Stability Working Paper (2003).

Tcherneva, Pavlina R., and L. Randall Wray. “Common Goals-Different Solutions: Can Basic Income and Job Guaranteed Deliver Their Own Problems.”Rutgers JL & Urb. Pol’y 2 (2005): 125.

Tcherneva, Pavlina. “The art of job creation: promises and problems of the Argentinean experience.” Special Report 5.03 (2005).

Tcherneva, Pavlina R., and L. Randall Wray. “Is Jefes de Hogar an Employer of Last Resort program?.” An assessment of Argentina’s ability to deliver the promise of full employment and price stability. C-FEPS Working Paper 43 (2005).



Tcherneva, Pavlina R. “Permanent on-the-spot job creation—the missing Keynes Plan for full employment and economic transformation.” Review of Social Economy 70.1 (2012): 57-80.

Tcherneva, Pavlina R. Keynes’s approach to full employment: aggregate or targeted demand?. No. 542. Working papers//The Levy Economics Institute, 2008.

Tcherneva, Pavlina R. “The Job Guarantee: Delivering the Benefits That Basic Income Only Promises–A Response to Guy Standing.” Basic Income Studies7.2 (2013): 66-87.

Fullwiler, Scott. “The Costs and Benefits of a Job Guarantee: Estimates from a Multi-Country Econometric Model.” Available at SSRN 2194960 (2012).

Mitchell, William, and Joan Muysken. “Full employment abandoned: shifting sands and policy failures.” International Journal of Public Policy 5.4 (2010): 295-313.

Mitchell, William F., and Joan Muysken. The myth of employment enhancing flexible labour markets. Centre of Full Employment and Equity, University of Newcastle, 2010.

Welters, Riccardo, and William F. Mitchell. Locked-in casual employment. Centre of Full Employment and Equity, University of Newcastle, 2009.

Mitchell, William F. “The job guarantee and inflation control.” Economic and Labour Relations Review 12 (2001): 10-25.

Mitchell, William F. “The buffer stock employment model and the NAIRU: The path to full employment.” Journal of Economic Issues 32.2 (1998): 547-555.

Mitchell, William F., and Warren B. Mosler. “Fiscal policy and the job guarantee.” Previous issue date: 2004-05-19T10: 21: 54Z (2004).

Allen, Emma, et al. The job guarantee in practice. Centre of Full Employment and Equity, University of Newcastle, 2006.

Forstater, Mathew. “Flexible full employment: structural implications of discretionary public sector employment.” Journal of Economic Issues 32.2 (1998): 557-563.

Forstater, Mathew. “Functional finance and full employment: lessons from Lerner for today.” The Jerome Levy Economics Institute Working Paper 272 (1999).

Forstater, Mathew. Public employment and economic flexibility: The job opportunity approach to full employment. No. 50. Public policy brief//Jerome Levy Economics Institute of Bard College, 1999.

Forstater, Mathew. “Public employment and environmental sustainability.”Journal of Post Keynesian Economics 25.3 (2003): 385-406.

Warren Mosler: Full Employment and Price Stability, Journal of Post Keynesian Economics, Vol. 20, No. 2, Winter 1997-98

Minsky

Papadimitriou, Dimitri B., and L. Randall Wray. “The economic contributions of Hyman Minsky: varieties of capitalism and institutional reform.” Review of Political Economy 10.2 (1998): 199-225.

Papadimitriou, Dimitri B., and L. Randall Wray. Minsky’s Analysis of Financial Capitalism. Jerome Levy Economics Institute, Bard College, 1999.

Wray, L. Randall, and Eric Tymoigne. “Macroeconomics meets Hyman P. Minsky: The financial theory of investment.” (2008).

Wray, L. Randall. “Minsky’s approach to employment policy and poverty: employer of last resort and the war on poverty.” (2007).

Money Manager Capitalism

Wray, L. Randall. “The rise and fall of money manager capitalism: a Minskian approach.” Cambridge Journal of Economics 33.4 (2009): 807-828.

Minsky, Hyman P., and L. Randall Wray. Securitization. No. 08-2. Levy Economics Institute, The, 2008.

Wray, L. Randall. The commodities market bubble: money manager capitalism and the financialization of commodities. No. 96. Public policy brief//Jerome Levy Economics Institute of Bard College, 2008.

Wray, L. Randall. Money manager capitalism and the global financial crisis. No. 578. Working paper, Levy Economics Institute, 2009.

Wray, L. Randall. “Saving, profits, and speculation in capitalist economies.”Journal of Economic Issues 25.4 (1991): 951-975.

Mitchell, William F. A Modern Monetary Perspective on the Crisis and a Reform Agenda. Centre of Full Employment and Equity, University of Newcastle, 2009.

Tymoigne, Éric. “Detecting Ponzi finance: An evolutionary approach to the measure of financial fragility.” (2010).

Social Security/Healthcare

Bell, Stephanie, and L. Randall Wray. “Financial aspects of the social security” problem”.” Journal of Economic Issues (2000): 357-364.

Kelton, Stephanie. “An Introduction to the Health Care Crisis in America: How Did We Get Here?.” Special Series on Health Care. Kansas City, Mo.: Center for Full Employment and Price Stability. September (2007).

Semenova, Alla, and Stephanie Kelton. Are Rising Health Care Costs Reducing US Global Competitiveness?. Working paper. Kansas City, Mo.: Center for Full Employment and Price Stability. March, 2008.

Semenova, Alla, and Stephanie Kelton. “The Business Sector’s Response to Rising Health Care Costs: Implications for a Demand-Driven Economy.” Center for Full Employment and Price Stability: University of Missouri-Kansas City, MO(2008).

Semenova, Alla, and Stephanie Kelton. “Health Care Reform, Universal Coverage and Financial “Basics” A Functional Finance Perspective August 2008.” (2008).

Galbraith, James K., L. Randall Wray, and Warren Mosler. The case against intergenerational accounting: The accounting campaign against social security and Medicare. No. 98. Public policy brief//Jerome Levy Economics Institute of Bard College, 2009.

Banking/Finance

Wray, L. Randall. “Lessons from the subprime meltdown.” Challenge 51.2 (2008): 40-68.

Wray, L. Randall. “Commercial banks, the central bank, and endogenous money.” Journal of Post Keynesian Economics 14.3 (1992): 297-310.

Nersisyan, Yeva, and L. Randall Wray. The global financial crisis and the shift to shadow banking. No. 587. Working paper, Levy Economics Institute, 2010.

Minsky, Hyman P., et al. Community development banking: A proposal to establish a nationwide system of community development banks. No. 3. Public policy brief//Jerome Levy Economics Institute of Bard College, 1993.

Wray, L. Randall. What do banks do? What should banks do?. No. 612. Working paper, Levy Economics Institute, 2010.

Central Banking

Bell, Stephanie, and L. Randall Wray. “Fiscal effects on reserves and the independence of the Fed.” Journal of Post Keynesian Economics 25.2 (2003): 263-272.

Bell-Kelton, Stephanie. “Behind closed doors. The political economy of central banking in the United States.” International Journal of Political Economy 35.1 (2006): 5-23.

Wray, L. Randall. “A Post Keynesian view of central bank independence, policy targets, and the rules versus discretion debate.” Journal of Post Keynesian Economics 30.1 (2007): 119-141.

Wray, L. Randall. The Fed and the New Monetary Consensus: The case for rate hikes, part two. No. 80. Public policy brief//Jerome Levy Economics Institute of Bard College, 2004.

Tcherneva, Pavlina R. “Bernanke’s paradox: can he reconcile his position on the federal budget with his recent charge to prevent deflation?.” Journal of Post Keynesian Economics 33.3 (2011): 411-434.

Fullwiler, Scott, and L. Randall Wray. “Quantitative easing and proposals for reform of monetary policy operations.” Bard College Levy Economics Institute Working Paper 645 (2010).

Fullwiler, Scott T. “An endogenous money perspective on the post-crisis monetary policy debate.” Review of Keynesian Economics 1.2 (2013): 171-194.

Fullwiler, Scott. “Treasury Debt Operations: An Analysis Integrating Social Fabric Matrix and Social Accounting Matrix Methodologies.” Available at SSRN 1825303 (2011).

Fullwiler, Scott T. “The Social Fabric Matrix Approach to Central Bank Operations: An Application to the Federal Reserve and the Recent Financial Crisis.” Institutional Analysis and Praxis. Springer New York, 2009. 123-169.

Scott T. Fullwiler: “An Endogenous money perspective on the Post-Crisis Monetary Policy Debate”

Review of Keynesian Economics, Vol. 1 No. 2, Summer 2013

Government Spending/Debt/Deficits

Bell, Stephanie. “Do taxes and bonds finance government spending?.” Journal of Economic Issues (2000): 603-620.

Kelton, Stephanie, and L. Randall Wray. “What a long, strange trip it’s been: Can we muddle through without fiscal policy?.” Post-Keynesian Principles of Economic Policy (2006): 101-119.

Kelton, Stephanie. “Limitations of the government budget constraint: Users vs. issuers of the currency.” Panoeconomicus 58.1 (2011): 57-66.

Wray, L. Randall. “A Keynesian presentation of the relations among government deficits, investment, saving, and growth.” Journal of Economic Issues 23.4 (1989): 977-1002.

Nersisyan, Yeva, and L. Randall Wray. “Does Excessive Sovereign Debt Really Hurt Growth? A Critique of’This Time is Different’, by Reinhart and Rogoff.” A Critique of’This Time is Different’, by Reinhart and Rogoff (June 21, 2010). The Levy Economics Institute Working Paper 603 (2013).

Wray, L. Randall. “Deficits, inflation, and monetary policy.” Journal of Post Keynesian Economics 19.4 (1997): 543-571.

Nersisyan, Yeva, and L. Randall Wray. Deficit hysteria redux? Why we should stop worrying about US government deficits. No. 111. Public policy brief//Jerome Levy Economics Institute of Bard College, 2010.

Mosler, Warren. Seven Deadly Innocent Frauds of Economic Policy. Davin Patton, 2010.

Tcherneva, Pavlina R. “The return of fiscal policy: can the new developments in the new economic consensus be reconciled with the Post-Keynesian view?.”Levy Economics Institute, Working Papers Series (2008).

Fullwiler, Scott. “Functional Finance and the Debt Ratio.” Available at SSRN 2196482 (2012).

Fullwiler, Scott. “What If the Government Just Prints Money?.” Available at SSRN 1731625 (2009).

Fullwiler, Scott. “Helicopter Drops are FISCAL Operations.” Available at SSRN 1725026 (2010).

Poverty

Bell, Stephanie A., and L. Randall Wray. The war on poverty after 40 years: A Minskyan assessment. No. 78. Public policy brief//Jerome Levy Economics Institute of Bard College, 2004.

Fullwiler, Scott T., and Susan Meyeraan. “Confronting Poverty with Jobs and Job Training: A Northeast Iowa Case Study.” Journal of Economic Issues 44.4 (2010): 1073-1084.

The Euro

Kelton, Stephanie. The State, the Market and the Euro: Chartalism versus Metallism in the Theory of Money. Eds. Stephanie A. Bell, and Edward John Nell. Edward Elgar Publishing, 2003.

Kelton, Stephanie A., and L. Randall Wray. Can Euroland Survive?. No. 106. Public policy brief//Jerome Levy Economics Institute of Bard College, 2009.

Pilkington, Philip, and Warren Mosler. Tax-backed Bonds–A National Solution to the European Debt Crisis. No. 12-04. Levy Economics Institute, The, 2012.

Wray, L. Randall. “The euro crisis and the job guarantee: A proposal for Ireland.” Levy Economics Institute of Bard College Working Paper 707 (2012).

Interest Rates

Wray, L. Randall. “Alternative theories of the rate of interest.” Cambridge Journal of Economics 16.1 (1992): 69-89.

Wray, L. Randall. “Alternative approaches to money and interest rates.” Journal of Economic Issues 26.4 (1992): 1145-1178.

Wray, L. Randall. “When are interest rates exogenous?.” Complexity, Endogenous Money and macroeconomic Theory: Essays in Honour of Basil J. Moore, Cheltenham: Edward Elgar (2006).

Forstater, Mathew, and Warren Mosler. “The natural rate of interest is zero.”Journal of Economic Issues (2005): 535-542.

Fullwiler, Scott. “Interest rates and fiscal sustainability.” Available at SSRN 1722986 (2006).

Economic Geography

Mitchell, William, and Martin Watts. “Identifying functional regions in Australia using hierarchical aggregation techniques.” Geographical Research 48.1 (2010): 24-41.

Mitchell, William F., and Robert Stimson. Creating a new geography of functional economic regions to analyse aspects of labour market performance in Australia. Ed. P. Dalziel. Centre of Full Employment and Equity, University of Newcastle, 2010.

Mitchell, William. Exploring Regional Disparities in Employment Growth. Springer Berlin Heidelberg, 2011.

External Sector

Wray, L. Randall. Twin Deficits and Sustainability. No. 06-3. Levy Economics Institute, The, 2006.

Wray, L. Randall. Imbalances? What Imbalances? Levy Economics Institute, The, 2012.

Inflation

Fullwiler, Scott T., and Geoffrey Allen. “Can the Fed target inflation? Toward an institutionalist approach.” Journal of Economic Issues 41.2 (2007): 485-494.

Wray, L. Randall. “Deficits, inflation, and monetary policy.” Journal of Post Keynesian Economics 19.4 (1997): 543-571.

Hudson, Michael. “Saving, asset-price inflation, and debt-induced deflation.”Money, financial instability and stabilization policy (2006): 104-124.

Wray, L. Randall. “8 Money and inflation.” A New Guide to Post Keynesian Economics 6 (2001): 79.