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L. Randall Wray

L. Randall Wray

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L. Randall Wray is Professor of Economics at Bard College and a senior scholar at the Levy Economics Institute.

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  1. The Myth of “Helicopter Money”
    nersisyan1_IronHeartGetty Images_USDmoneycash IronHeart/Getty Images

    The Myth of “Helicopter Money”

    Apr 20, 2020 Yeva Nersisyan & L. Randall Wray clarify what Modern Monetary Theory does and does not imply about government spending in the current crisis.

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    The US Economy’s Trust Deficit

    Michael Spence considers the causes and consequences of Americans’ declining faith in media and government.
  2. halland9_FREDRIK VARFJELLNTBAFP via Getty Images_norwaynaturalgas Fredrik Varfjell/NTB/AFP via Getty Images
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    Norway Is a Ukraine War Profiteer

    Håvard Halland & Knut Anton Mork argue that the country should give its windfall gains from gas exports to those on the front lines.
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    Navigating the Risks of Digital Public Infrastructure

    Carl Gahnberg calls for guardrails and policy guidelines to prevent governments from abusing the policy paradigm.
  4. gill10_Nhac NguyenGettyImages_vietnam_street_vendor Nhac Nguyen/Getty Images
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    Services Are the New Road to Development

    Indermit Gill & Aaditya Mattoo explain why developing countries need a new paradigm to replace the old manufacturing-led model.
  5. dalay4_GAVRIIL GRIGOROVPOOLAFP via Getty Images_putin Gavril Griforov/POOL/AFP via Getty Images
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    Russia Just Lost Its Great-Power Status

    Galip Dalay explains why the fall of Syrian dictator Bashar al-Assad has diminished the Kremlin’s global influence.
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    Twelve Questions for Philanthropists

    Dambisa Moyo offers practical advice to those who want to contribute effectively to charitable causes.
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    PS Commentators’ Best Reads in 2024

    PS editors

    At the end of a year of domestic and international upheaval, Project Syndicate commentators share their favorite books from the past 12 months. Covering a wide array of genres and disciplines, this year’s picks provide fresh perspectives on the defining challenges of our time and how to confront them.

     ask Project Syndicate contributors to select the books that resonated with them the most over the past year.
  8. seid1_Reinhard Dirscherlullstein bild via Getty Images_seagrass Reinhard Dirscherlullstein bild via Getty Images
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    The World Needs Ocean-Based Climate Solutions

    Ilana Seid calls for creative mechanisms for financing investment in our planet’s largest carbon sink.
  9. varoufakis122_Spencer PlattGetty Images_wallstreet Spencer Platt/Getty Images
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    The West Is Not Dying, but It Is Working on It

    Yanis Varoufakis argues that Western power is alive and well, but the lofty values that once sustained it have been abandoned.

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