Items related to The Credit Theory of Money

The Credit Theory of Money - Softcover

Mitchell-Innes, Alfred

 
9781646793631: The Credit Theory of Money
Softcover
ISBN 10: 1646793633 ISBN 13: 9781646793631
Publisher: Cosimo Classics, 1914

Synopsis

"[What is Money? and The Credit Theory of Money is] the best pair of articles on the nature of money written in the twentieth century."

-L. Randall Wray, professor of Economics, Bard College (2004)


The Credit Theory of Money (1914) is one of two important articles written by British economist Alfred Mitchell-Innes about money and credit. Together with Mitchell-Innes' other article, What is Money? (also available from Cosimo Classics), it influenced Modern Monetary Theory, which states that governments can print as much money as they need without having to borrow or tax to finance spending.


 The Credit Theory of Money is essential reading for students of monetary theories and economic history.

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About the Author

ALFRED MITCHELL-INNES (1864-1950) was a British diplomat and economist, with foreign service in Egypt, Uruguay, and the United States. He was possibly the first person to present a truly modern theory of money. In addition to several articles, he also wrote Martyrdom in our Times: Two Essays on Prisons and Punishments (1932).

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Publisher
Cosimo Classics
Publication date
1914
Language
English
ISBN 10 
1646793633
ISBN 13 
9781646793631
Binding
Paperback
Number of pages
48