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Working Papers

The EDI Working Paper series features original research work on a wide range of topics such as unemployment, government spending, and Modern Money Theory. 

WP 20
Notes on Money as Technology
Raúl A. Carrillo, Columbia Law School
Abstract | 2024

WP 19
Tax Credits Are Industrial Policy: Answering the Derisking Critique on Discipline and Investment
Chirag Lala, UMass - Amherst
Abstract | 2024

WP 18
Reviving Value Theory
L. Randall Wray, Levy Economics Institute
Abstract | 2024

WP 17
Monetary Power and Vulnerability to Sovereign Debt Crises: Rethinking the Global Financial Architecture
Karina Patricio Ferreira Lima, University of Leeds
Abstract | 2024

WP 16
Revisiting the Foreign Debt Problem and the “External Constraint” in the Periphery: An MMT Perspective
Ndongo Samba Sylla, IDEAs
Abstract | 2024

WP 15
China’s Economic Challenges: A Perspective Based on Fisher, Keynes, Minsky, and Modern Money Theory
Tanweer Akram, Citibank
Abstract | 2024

WP 14
Tilting at Windmills: The Economics and Politics of Inflation-Fighting
James K. Galbraith, Lyndon B. Johnson School of Public Affairs, University of Texas at Austin | 2023

WP 13
The Mutating Virus of Global Inequality
Jayati Ghosh, University of Massachusetts - Amherst | 2023

WP 12
The Need for a Universal Job Guarantee: The Launch of the UN Special Report
Olivier De Schutter, United Nations | 2023

WP 11
Economic Rights and Social Justice
Darrick Hamilton, The New School for Social Research | 2023

WP 10
Job Guarantee Program and the Kaleckian Dilemma: Lessons from the Rehn-Meidner Plan
Caio Vilella, Universidade Católica de Santos
Eduardo F. Bastian, Universidade Federal do Rio de Janeiro
Abstract | 2023

WP 09
Resource Constraints and Economic Policy
Yeva Nersisyan, Franklin & Marshall College | 2023

WP 08
Seismic Shifts in Economic Theory and Policy: from the Bernanke Doctrine to Modern Money Theory
Pavlina R. Tcherneva, Bard College, Economic Democracy Initiative
Eric Tymoigne, Lewis and Clark College
Abstract | 2022

WP 07
The Right to Work and the Promise of America
Charles Whalen, Baldy Center for Law and Social Policy | 2022

WP 06
Decentralization, Equity, and Inclusion: An Overview and Socio-legal Analysis of India's Mahatma Gandhi National Rural Employment Guarantee Act
Tomas Forman, Bard College '22 | 2022

WP 05
When Big Data Falls Short 
OSUN-EDI Team | 2022

WP 04
Modern Money Theory on Fiscal and Monetary Policies: Empirics, Theory and Policymaking
Eric Tymoigne, Lewis and Clark College
Abstract | 2022

WP 03 
The meaning of MMT: a reply 
Dirk Ehnts, Pufendorf Society for Political Economy Berlin
Abstract | 2022

WP 02
The Job Guarantee: MMT's Proposal for Full Employment and Price Stability 
Pavlina R. Tcherneva, Bard College, Economic Democracy Initiative
Abstract | 2022

WP 01
Three Lessons from Government Spending and the Post-Pandemic Recovery
Pavlina R. Tcherneva, Bard College, Economic Democracy Initiative
Abstract | 2021

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