Showing posts with label George Knapp. Show all posts
Showing posts with label George Knapp. Show all posts

Wednesday, May 8, 2019

Dirk Ehnts — Schumpeter on Knapp in his 1954 HEA


Schumpeter did not like Knapp's Chartalist theory.

econoblog 101
Schumpeter on Knapp in his 1954 HEA
Dirk Ehnts | Lecturer at Bard College Berlin

Saturday, December 7, 2013

Brad DeLong — Bitcoin, the South Sea Bubble, and Chartalism

...This needs the vaccination of Chartalism: only a too-big-to-fail organization that wants its nominal debts to have value as a byproduct of accomplishing other purposes–like governing–can durably levitate the value of its fiat money above zero
WCEG — Washington Center for Equitable Growth
Bitcoin, the South Sea Bubble, and Chartalism: Thursday Focus
Brad DeLong

Thursday, April 4, 2013

Jon Matonis — Bitcoin Obliterates "The State Theory Of Money"

The economic contribution of [Karl Denninger's] essay is that it represents the thesis advanced by German economist Georg Friedrich Knapp in The State Theory of Money (1924), an expose advocating the Chartalist approach to monetary theory claiming that money must have no intrinsic value and strictly be used as tokens issued by the government, or fiat money. Today, modern-day chartalists are from the school of thought known as Modern Monetary Theory (MMT).
Forbes
Bitcoin Obliterates "The State Theory Of Money"
Jon Matonis


Sunday, March 3, 2013

Clint Balinger — Towards A Pure State Theory Of Money, Prologue: A Note On Knapp & Innes

...although a great deal of the suboptimal performance (sustained unemployment, lack of investment in infrastructure, education, and healthcare) has been due to a failure to understand and apply readily implementable state money & functional finance insights, there has also been another major source of economic suffering, resulting from the non-state-money side of the economy. The worldwide private credit money system has caused untold suffering and misery for millions. This side of the equation must be integrated into any functional finance insights that arose from Knapp, Innes, and others....
Clint Balinger
Towards A Pure State Theory Of Money, Prologue: A Note On Knapp & Innes