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ISBNs | 978-5-93255-650-4 |
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The weight | 0,63 kg |
Size | 150 × 230 mm |
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Delivery
€14,99
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The State Theory of Money by Georg Friedrich Knapp (1842–1926) is perhaps the most sensational book on monetary theory of the 1905th century. In his work, Knapp formulated and substantiated the state-nominalistic (“chartal”) theory of money. He stated that money is a creation of the state and its material nature does not matter. Knapp's book was a manifesto of nominalism, which appeared during the heyday of the metallic theory of money, which caused a powerful wave of criticism against it. Supporters of metalism considered it unscientific, since it was not based on economic principles. Despite the fact that the “State Theory of Money” appeared in XNUMX, it has not lost its relevance to this day. The recently famous Modern Money Theory (MMT) is based on the provisions of this theory. This book is a must for anyone interested in monetary theory and can also be useful for anyone interested in economics and history.
Author | |
---|---|
Publishing house | |
ISBNs | 978-5-93255-650-4 |
Binding | |
Pages | |
The weight | 0,63 kg |
Size | 150 × 230 mm |
Format | |
The year of publishing |
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