The primary textbook titled Macroeconomics by William Mitchell, L. Randall Wray, and Martin Watts was published in February 2019 . It is the first core textbook to develop a Modern Monetary Theory (MMT)
: Money is viewed as a creature of the state, used primarily to move real resources from the private sector to the public sector to achieve social goals. Rethinking Policy and Stability macroeconomics william mitchell pdf new
Mitchell's blog serves as a "real-time" classroom for MMT. Here are some significant recent and foundational posts: Recent Discussions (2025-2026) Inequality and Degrowth L. Randall Wray