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


Ralph Musgrave said...

My favourite Schumnpeter quote:

“No claim to sheep increases the number of sheep. But a deposit, though legally only a claim to legal-tender money, serves within very wide limits the same purposes that this money itself would serve.”

AXEC / E.K-H said...

Links on Dirk Ehnts’ ‘Schumpeter on Knapp’

Tom Hickey comments: “Schumpeter did not like Knapp’s Chartalist theory.” Can we stop this silly like/dislike nonsense and become serious. Economics is about true/false and NOTHING else. For details see:

There is no like/dislike button in science

Love and hate in economics: the PsySoc shell game

Economics a science? Surely you are joking, Mr. Cochrane

Egmont Kakarot-Handtke