Repositorio
Georg Friedrich Knapp Was Not a “Chartalist”
Título
Georg Friedrich Knapp Was Not a “Chartalist”
Código de publicación
- AD-00045
Autores/as
- Juan Ramón Rallo
Clave
- Artículo de investigación
Colaboradores/as
Claves o descriptores
Descripción
- “Chartalism” is generally conceived as a doctrine that states that money is a creation of the state. The father of chartalism, Georg Friedrich Knapp, even devoted the title of his magnum opus, The State Theory of Money, to highlighting this connection. Our purpose is to show that the chartalist theory, as developed by Knapp in his book, did not really argue that means of payment were necessarily a creation of the state. A close reading of his book reveals that means of payment could emerge outside the state and that even other pay-communities were able to create chartal means of payment. That is the main reason why Knapp’s theory of money was not radically incompatible with Carl Menger’s.
Localización
Revista | libro
- History of Political Economy (2020) 52 (4): 773–793.
Idioma
Editor
- Duke University Press
Año de publicación
- 2020
Formato
Identificador (ISBN/ISSN)
DOI o URI/URL
- https://doi.org/10.1215/00182702-8604033
Derechos
- Restringidos
Fichero
- No disponible