Randall Wray's MMT Lecture Distorts History

The Modern Monetary Theory (MMT) crowd prides itself on fidelity to actual history. But Murphy shows how leading MMT guru Randall Wray completely distorts his discussion of two historical episodes in his college lecture. Wray, "Modern Money Theory for Beginners": https:// Mises.org/HAP496a The NBER Paper on Colonial Virginia's Money Regime: https://Mises.org/HAP496b NPR Planet Money, "A Giant Stone Coin At The Bottom Of The Sea": https://Mises.org/HAP496c Milton Friedman, "The Island Of Stone Money": https://Mises.org/HAP496d Bob's Article, "MMT and Treasury Debt Payoff": https://Mises.org/HAP496e The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://Mises.org/HAPodFree Join us May 15–17, 2025, at the Mises Institute for our Revisionist History of War Conference: https://Mises.org/RHW Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics, at https://Mises.org​​. Twitter ►   / mises   Facebook ►   / mises.institute   Instagram ►   / misesinstitute   SoundCloud ►   / misesmedia   Apple Podcasts ► https://podcasts.apple.com/us/artist/... Rumble ► https://rumble.com/c/c-2212754 Odysee ► https://odysee.com/@mises/ Podcasts ► https://mises.org/podcasts