# L. Randall Wray: The Value of Money: A Survey of Heterodox Approaches

Page: https://stenobird.com/podcast/deep-dive-7032266/l-randall-wray-the-value-of-money-a-survey-of-heterodox-approaches
Text version: https://stenobird.com/podcast/deep-dive-7032266/l-randall-wray-the-value-of-money-a-survey-of-heterodox-approaches.md
Podcast: [Deep Dive](https://stenobird.com/podcast/deep-dive-7032266)
Published: 2025-02-08T13:52:59+00:00
Episode link: https://tschaff.podbean.com/e/the-value-of-money-a-survey-of-heterodox-approaches/
Audio file: https://kertob.americanplus.us/podcast/audio/DemocratizingMoney.m4a
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/deep-dive-7032266/episodes/l-randall-wray-the-value-of-money-a-survey-of-heterodox-approaches
Duration seconds: 1539

## Resource

Google LM generated podcast: This Levy Economics Institute working paper surveys heterodox economic theories of money's value, rejecting orthodox views linking it solely to scarcity or price levels. The paper integrates several heterodox approaches: reinterpretations of Marx's labour theory of value by Graeber and Foley; Keynes's liquidity preference theory as developed by Minsky and Kregel; and MMT perspective on sovereign currency.

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/deep-dive-7032266/episodes/l-randall-wray-the-value-of-money-a-survey-of-heterodox-approaches/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/deep-dive-7032266/l-randall-wray-the-value-of-money-a-survey-of-heterodox-approaches.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.