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New Economic Perspectives is website that "offers policy advice and economic analysis from a group of professional economists, legal scholars, and financial market practitioners." The website was established in response to the serious challenges facing the global economic following the financial meltdown in 2007. All contributors share the "Kansas City Approach", also known as "Modern Monetary Theory", to economic policy. Above all, the contributors at New Economic Perspectives "are careful to provide analyses and policy recommendations that are applicable under a modern, fiat money system.

History
Modern Monetary Theory has intellectual origins in chartalism, particularly in the work of Abba Lerner, John Maynard Keynes, Hyman Minsky, and other historically important economists.

Contributors
Prominent contributors to the blog are commonly associated with the economics department at the University of Missouri Kansas City, or with the Levy Economics Institute at Bard College.

Stephanie Kelton is creator and editor of New Economic Perspectives. Her research expertise is in: Federal Reserve operations, fiscal policy, social security, health care, international finance and employment policy.

L. Randall Wray specializes in financial instability, macroeconomics, and full employment policy.

William K. Black

Michael Hudson