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G. Knapp’s state theory of money:history and current Perspectives
https://doi.org/10.32609/0042-8736-2015-3-109-125
Abstract
The paper considers the historical contexts of Georg Knapp’s nominalistic theory of money, and reconstructs its basic arguments. The contemporaneous critical reactions to Knapp are analyzed, as well as some more recent versions of chartalism, and the strengths and weaknesses of the chartalist insights in monetary theory and policy.
About the Author
A. Dubyansky
St. Petersburg State University (St. Petersburg, Russia)
Russian Federation
Russian Federation
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For citations:
Dubyansky A. G. Knapp’s state theory of money:history and current Perspectives. Voprosy Ekonomiki. 2015;(3):109-125. (In Russ.) https://doi.org/10.32609/0042-8736-2015-3-109-125
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