January 1930
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21 Reads
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201 Citations
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January 1930
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21 Reads
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201 Citations
... Through Marx's theories of value and money, we could develop a criticism of chartalism's foundations (Knapp 1924(Knapp [1905; Keynes 1930) and the Keynesian multiplier based on government net spending (Keynes 1936: Chapter X). Influenced by German idealism (Roll 1939, 199-208), Georg Friedrich Knapp (1924Knapp ( [1905: Chapter I) described money as a creature of the state, and its ideal form as non-convertible paper money. ...
January 1930