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This paper provides an analysis of Keynes's original Bancor proposal as well as more recent proposals for fixed …
Persistent link: https://www.econbiz.de/10010266537
Over the past two decades there has been a revival of Georg Friedrich Knapp's "state money" approach, also known as chartalism. The modern version has come to be called Modern Money Theory. Much of the recent research has delved into three main areas: mining previous work, applying the theory to...
Persistent link: https://www.econbiz.de/10010513039
(Georg Friedrich Knapp and A. Mitchell Innes) through Joseph Schumpeter, John Maynard Keynes, and Abba Lerner, and on to …
Persistent link: https://www.econbiz.de/10010513085
Hilferding, Thorstein Veblen, and John Maynard Keynes - and later by John Kenneth Galbraith. In an important sense, over the past …
Persistent link: https://www.econbiz.de/10010281722
which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production … view back to Keynes, arguing that extending Keynes along these lines would bring his theory up to date. …
Persistent link: https://www.econbiz.de/10010286499
Persistent link: https://www.econbiz.de/10003473739
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(Georg Friedrich Knapp and A. Mitchell Innes) through Joseph Schumpeter, John Maynard Keynes, and Abba Lerner, and on to …
Persistent link: https://www.econbiz.de/10010252186
This paper first examines two approaches to money adopted by Keynes in the General Theory (GT). The first is the more … ISLM version as well as Friedman's monetarism. Indeed, even Post Keynesians utilizing Keynes's "finance motive" or the … "horizontal" money supply curve adopt similar methodology. The second approach of the GT is presented in Chapter 17, where Keynes …
Persistent link: https://www.econbiz.de/10003288339
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