twentieth century on the nature of money. Only recently rediscovered, these articles are reprinted and analyzed here for the …Introduction / L. Randall Wray and Stephanie Bell -- What is money? / A. Mitchell Innes -- The credit theory of money … / A. Mitchell Innes -- The social origins of money : the case of Egypt / John F. Henry -- The archaeology of money : debt …

This paper explores the rise of money and class society in ancient Greece, drawing historical and theoretical parallels … metallist theories of money. It will be shown that the origins and the evolution of money were closely intertwined with the rise … and consolidation of class society and inequality. Money, class society, and inequality came into being simultaneously, so …

This paper advances three fundamental propositions regarding money: (1) As R. W. Clower (1965) famously put it, money … buys goods and goods buy money, but goods do not buy goods. (2) Money is always debt; it cannot be a commodity from the … possible. These three propositions are used to build a theory of money that is linked to common themes in the heterodox …

One of the main contributions of Modern Money Theory (MMT) has been to explain why monetarily sovereign governments … categories: views about the origins of money and the role of taxes in the acceptance of government currency, views about fiscal …