Credit And State Theories Of Money
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Credit And State Theories Of Money
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Author : L. Randall Wray
language : en
Publisher: Edward Elgar Publishing
Release Date : 2004-01-01
Credit And State Theories Of Money written by L. Randall Wray and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01-01 with Business & Economics categories.
In 1913 and 1914, A. Mitchell Innes published a pair of articles that stand as two of the best pieces written in the twentieth century on the nature of money. Only recently rediscovered, these articles are reprinted and analyzed here for the first time.
The Credit Theory Of Money
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Author : Alfred Mitchell-Innes
language : en
Publisher:
Release Date : 1914
The Credit Theory Of Money written by Alfred Mitchell-Innes and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1914 with categories.
"[What is Money? and The Credit Theory of Money is] the best pair of articles on the nature of money written in the twentieth century." -L. Randall Wray, professor of Economics, Bard College (2004) The Credit Theory of Money (1914) is one of two important articles written by British economist Alfred Mitchell-Innes about money and credit. Together with Mitchell-Innes' other article, What is Money? (also available from Cosimo Classics), it influenced Modern Monetary Theory, which states that governments can print as much money as they need without having to borrow or tax to finance spending. The Credit Theory of Money is essential reading for students of monetary theories and economic history.
The Theory Of Money And Credit
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Author : Ludwig Von Mises
language : en
Publisher: Ludwig von Mises Institute
Release Date : 1953
The Theory Of Money And Credit written by Ludwig Von Mises and has been published by Ludwig von Mises Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 1953 with Credit categories.
What Is Money
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Author : Alfred Mitchell-Innes
language : en
Publisher:
Release Date : 1913
What Is Money written by Alfred Mitchell-Innes and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1913 with categories.
"[What is Money? and The Credit Theory of Money is] the best pair of articles on the nature of money written in the twentieth century." -L. Randall Wray, professor of Economics, Bard College (2004) What is Money? (1913) is one of two important articles written by British economist Alfred Mitchell-Innes about money and credit. This publication includes a positive review by John Maynard Keynes. Together with Mitchell-Innes' other article, The Credit Theory of Money (also available from Cosimo Classics), it influenced Modern Monetary Theory, which states that governments can print as much money as they need without having to borrow or tax to finance spending. What is Money? is essential reading for students of monetary theories and economic history.
The Theory Of Credit
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Author : Henry Dunning Macleod
language : en
Publisher:
Release Date : 1894
The Theory Of Credit written by Henry Dunning Macleod and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1894 with Banks and banking categories.
Modern Money Theory
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Author : L. Randall Wray
language : en
Publisher: Springer
Release Date : 2016-02-25
Modern Money Theory written by L. Randall Wray and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-02-25 with Business & Economics categories.
In a challenge to conventional views on modern monetary and fiscal policy, this book presents a coherent analysis of how money is created, how it functions in global exchange rate regimes, and how the mystification of the nature of money has constrained governments, and prevented states from acting in the public interest.
The Theory Of Money And Credit
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Author : Ludwig von Mises
language : en
Publisher: Simon and Schuster
Release Date : 2013-08-01
The Theory Of Money And Credit written by Ludwig von Mises and has been published by Simon and Schuster this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-08-01 with Business & Economics categories.
“It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments.” – from The Theory of Money and Credit Originally published in 1912, Ludwig von Mises’s The Theory of Money and Credit remains today one of economic theory’s most influential and controversial treatises. Von Mises’s examination into monetary theory changed forever the world of economic thought when he successfully integrated “macroeconomics” into “microeconomics” —previously deemed an impossible task —as well as offering explanations into the origin, value and future of money. One hundred years later, von Mises and the Austrian school of economic theory are still fiercely debated by world economists in their search for the solution to America’s current financial crisis. His theorems continue to inspire politicians and market experts who aim to raise up the common man and reduce the financial power of governments. In a preface added in 1952, von Mises urges the people of the world to see economic truth: “The great inflations of our age are not acts of God. They are man-made or, to say it bluntly, government-made. They are the off-shoots of doctrines that ascribe to governments the magic power of creating wealth out of nothing and of making people happy by raising the ‘national income.’” “The best book on money ever written.” —Murray Rothbard, economist and historian “The greatest economist of the twentieth century.” —Sandeep Jaitly, economist
The State Theory Of Money
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Author : Georg Friedrich Knapp
language : en
Publisher: London, Macmillan
Release Date : 1924
The State Theory Of Money written by Georg Friedrich Knapp and has been published by London, Macmillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 1924 with Money categories.
Theory Of Money And Credit Study Guide The
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Author :
language : en
Publisher: Ludwig von Mises Institute
Release Date :
Theory Of Money And Credit Study Guide The written by and has been published by Ludwig von Mises Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Money And Credit
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Author : Liang Wang
language : en
Publisher: International Monetary Fund
Release Date : 2017-01-27
Money And Credit written by Liang Wang and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-27 with Business & Economics categories.
We develop a theory of money and credit as competing payment instruments, then put it to work in applications. Buyers can use cash or credit, with the former (latter) subject to the inflation tax (transaction costs). Frictions that make the choice of payment method interesting also imply equilibrium price dispersion. We deliver closed-form solutions for money demand. We then show the model can simultaneously account for the price-change facts, cash-credit shares in micro payment data, and money-interest correlations in macro data. We analyze the effects of inflation on welfare, price dispersion and markups. We also describe nonstationary equilibria as self-fulfilling prophecies, which is standard, except here it entails dynamics in the price distribution.