The paper considers the historical contexts of Georg Knapp’s nominalistic theory of money, and reconstructs its basic arguments. The contemporaneous critical reactions to Knapp are analyzed, as well as some more recent versions of chartalism, and the strengths and weaknesses of the chartalist insights in monetary theory and policy.
Original language | English |
---|---|
Pages (from-to) | 109-125 |
Number of pages | 17 |
Journal | Voprosy Ekonomiki |
Volume | 2015 |
Issue number | 3 |
DOIs | |
State | Published - 1 Jan 2015 |
ID: 61896886