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This is a list with bibliographic additions to the extensive bibliography, alphabetized and categorized under Academic Sources, MMT Issue, Advocacy,  Supporting Studies, Articles, Videos and Background Studies.

For additions contact the editor

Academic Sources

Brunner, Karl.1966. “The Role of Money and Monetary Policy“. Federal Reserve Bank. Research Department. Also in: Review, Federal Reserve Bank of St. Louis, 50 (July): 8-24. 

Dutraive, Véronique & Théret, Bruno. 2017. “Two Models of the Relationship between Money and Sovereignty: An Interpretation Based on John R. Commons’s Institutionalism”. Journal of Economic Issues, 51/1: 27-44.

Etzrodt, Christian. 2018a. “Modern Sovereign Money—Part I: The Moral Hazard of Fractional Reserve Banking“. Open Journal of Social Sciences, 6/9: 101-115. 

Etzrodt, Christian. 2018b. “Modern Sovereign Money—Part II: A Synthesis of the Chicago Plan, Sovereign Money, and the Modern Money Theory“. Open Journal of Social Sciences, 6/9: 116-135. 

European Central Bank. 2015. “What is Money“. European Central Bank, 24 Nov 2015. 

Goodhart, Charles A. E. 1989. Money, Information and Uncertainty, 2nd edition. London: Macmillan.

Goodhart, Charles A. E. 1989. “Has Moore become too Horizontal?” Journal of Post-Keynesian Economics, 14 (Fall): 134–6.

Jakab, Zoltan, and Michael Kumhof. 2018. “Banks are not intermediaries of loanable funds—facts, theory and evidence“. Bank of England Working Paper No. 761, 26 Oct 2018. 

Kydland, Finn E. & Prescott, Edward C. 1990. “Business Cycles: Real Facts and a Monetary Myth.” Federal Reserve Bank of Minneapolis. Quarterly Review, 14/2: 3-18. Also in: Hartley, James, Kevin Hoover, and Kevin D. Salyer. Real Business Cycles: A Reader, Routledge, 2013. 383-398. 

Lee, Kang-Soek, and Richard A. Werner. 2018. “Reconsidering Monetary Policy: An Empirical Examination of the Relationship between Interest Rates and Nominal GDP Growth in the US, UK, Germany and Japan“. Ecological Economics, 146: 26-34. 

Minsky, H.P. 1977. “The Financial Instability Hypothesis: an Interpretation of Keynes and an Alternative to Standard Theory”. Nebraska Journal of Economics and Business, 16/1: 5-16.

Moore, Basil J. 1979. “The Endogenous Money Stock”. Journal of Post Keynesian Economics, 2/1: 49-70.

Moore, Basil J. 1988. “The Endogenous Money Supply”. Journal of Post Keynesian Economics, 10/3: 372-385.

Palley, Thomas I. 2013. “Horizontalists, Verticalists, and Structuralists: The Theory of Endogenous Money Reassessed“. Review of Keynesian Economics, 1/4: 406-424. 

Werner, Richard A.. 2018. “Interest Rate Moves – Causes and Consequences for Investors“. PowerPoint Presentation, Hook, UK, 1 Feb 2018. 

WRR. 2019. Money and Debt: The Public Role of Banks – Summary of WRR Report. The Hague: Netherlands Scientific Council for Government Policy. 

Yamaguchi, Kaoru, Ph.D. & Yamaguchi, Yokei. 2016. “Head and Tail of Money Creation and its System Design Failures: Toward the Alternative System Design“. JFRC Working Paper No. 01-2016. Japan Futures research Center. 

MMT Articles


Fiebiger, Brett. 2012. “Modern Money Theory and the ‘Real-World’ Accounting of 1-1<0: The U.S. Treasury Does Not Spend as per a Bank“. In Fiebiger, Brett et al. 2012. “Modern Monetary Theory: A Debate”.

Fiebiger, Brett. 2012. “A Rejoinder to ‘Modern Money Theory: A Response to Critics’ ”. In Fiebiger, Brett et al. 2012. “Modern Monetary Theory: A Debate”.

Lonergan, Eric. 2016. “Debt-Free Money: A Brief Reply to Randall Wray“. London, Positive Money. 

Lonergan, Eric. 2016. “Accounting as Religion: Buffett, Derrida, and MMT“. London, Positive Money. 


Carter, Zach. 2018. “Stephanie Kelton Has The Biggest Idea In Washington“. HuffPost, 5 May 2018. 

Fiebiger, Brett & Fullwiler, Scott T. & Bell, Stephanie & Wray, L. Randall. 2012. “Modern Monetary Theory: A Debate“. Political Economy Research Institute Working Paper 279, University of Massachusettes Amherst. 

Fullwiler, Scott T. 2010. “Modern monetary theory-a primer on the operational realities of the monetary system“. Available at SSRN 1723198. 

Kelton, Stephanie & Andres Bernal & Greg Carlock, 2018. “We Can Pay For A Green New Deal“. HuffPost, 30 Nov 2018.


Bongiovanni, Joe. 2016. “That’s Not The Devil, That’s Real Money“. Econintersect, 8 Feb 2016. 

Bongiovanni, Joe. 2016. “Further Considerations On Lord Turner’s Monetary Finance Proposal“. Econintersect, 3 April 2016. 

Emry, Sheldon. 1984. “Billions for Bankers–Debts for the People“. Lord’s Convenent Church. 

Supporting Studies

Chossudovsky, Michel & Marshall, Andrew G. (Eds.). 2010. The Global Economic Crisis: The Great Depression of the XXI Century. Montreal: Global Research. 

Guttmann, R. 1994. How Credit-Money Shapes the Economy: The United States in a Global System. Armonk, NY & London, UK: E.M. Sharpe.

Verhagen, Frans C. 2012. The Tierra Solution: Resolving Climate Change Through Monetary Transformation. New York: Cosimo Books.


Keen, Steve. 2015. “Nobody Understands Debt — Including Paul Krugman“. Forbes, 10 Feb 2015. 


Anon. 2012. “Where does money come from? Waar komt geld vandaan? Var kommer pengarna ifrån?” Vastgoedzeepbel, 21 Nov 2012. Video file. 

Klein, Manuel et al. 2018. “The Future of Money: 10 years after Lehman and Nakamoto“. 24 Nov 2018. Conference videos and papers. Berlin, Germany: Monetative. 

Kumhof, Micheal. 2013. “The Chicago Plan Revisited“. London School of Economics and Political Science (LSE). 22 Nov 2013. 

Orrrefur, Samuel K. et al (Eds.). 2019. “The Future of Money: Central Bank Digital Currency and Beyond“. 15 June 2019. Conference videos. Stockholm: Positiva Pengar. 

Oswald, Michael. 2012. “97% Owned – Economic Truth documentary – How is Money Created“. Patreon.

Background studies

Goodchild, Philip. 2009. Theology of Money. Durham, SC: Duke University Press.

Hollis, Christopher. 1935. The Two Nations: A Financial Study of English History. London: George Routledge & Sons.

Robbins, Richard H. & Dowty, Rachel. 2008 (1999). Global Problems and the Culture of Capitalism. 7th Edition. New York: Pearson/Allyn & Bacon.

Vilar, Pierre. 2011 (1976). History of Gold and Money: 1450-1920. London: Verso.

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