Contact Info

University of Missouri-Kansas City
Department of Economics
211 Haag Hall
5100 Rockhill Road
Kansas City, Missouri 64110

economics@umkc.edu
(816) 235-5687

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L. Randall Wray

Director, Center for Full Employment and Price Stability

L. Randall Wray is a Professor of Economics at the University of Missouri-Kansas City, a Senior Research Associate at the Center for Full Employment and Price Stability, as well as a visiting Senior Scholar at the Jerome Levy Economics Institute of Bard College. Professor Wray has focused on monetary theory and policy, macroeconomics, and employment policy. He is currently writing on modern money, the monetary theory of production, social security, and rising incarceration rates (Penal Keynesianism). He is developing policies to promote true full employment, focusing on Hyman P. Minsky’s “employer of last resort” proposal as a way to bring low-skilled, prime-age males back into the labor force. Wray’s research has appeared in numerous books and journals including the Journal of Post Keynesian Economics, and the Journal of Economic Issues.

Issues: Anti-Trust Regulations, Bank Bail Out, Bank Bonuses, Banking and Finance, Fannie/Freddie, Financial Markets, Housing Market Collapse, Ratings Agencies, Securitization, The Federal Reserve, Too Big To Fail

Experience:

• Visiting Professor, University of Paris-South, 2006
• Visiting Professor, University of Rome–La Sapienza, 2002-03 and 2006
• Visiting Professor, Universidad Nacional Autonoma de Mexico—Mexico City (various occasions)
• Senior Scholar, Levy Economics Institute 1997-present
• Associate Professor, Economics Department, University of Denver, 1993- August 1999
• Fulbright Research Scholar, University of Bologna, Italy, 1994-95
• Research Associate, The Jerome Levy Economics Institute, 1993-1997
• Bernardin Professor, University of Missouri-Kansas City, Fall 1996
• Resident Scholar, The Jerome Levy Economics Institute, 1992-93
• Assistant Professor of Economics, University of Denver, September 1987-1993
• Fulbright Dissertation Fellowship, Bologna, Italy, 1986-87
• Teaching Assistant, Johns Hopkins Bologna Center, Fall 1986
• Instructor of Economics, Washington University, University College, 1985-86
• Instructor of Economics, St. Louis Community College at Forest Park, Spring 1986
• Teacher’s Assistant, Washington University, 1984-86
• Graduate Research Assistant, California State Energy Resources Commission, 1983

Education:

Ph.D., Economics, Washington University in St. Louis, 1988
M.A., Economics, Washington University in St. Louis, 1985
B.A., Social Sciences, University of the Pacific, Stockton, 1976