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Bibliographic Details

Title: What is Money?
Publisher: Cosimo Classics
Publication Date: 1913
Language: English
ISBN 10: 1646793676
ISBN 13: 9781646793679
Binding: Soft cover
Condition: good

About this title

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)

What is Money? (1913) is one of two important articles written by British economist Alfred Mitchell-Innes about money and credit. This publication includes a positive review by John Maynard Keynes. Together with Mitchell-Innes' other article, The Credit Theory of 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.

What is Money? is essential reading for students of monetary theories and economic history.

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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ZBK Books is an online retailer that specializes in the acquisition, sale, and recycling of books & media. We are dedicated to promoting sustainability, reducing waste, supporting literacy & education by giving used books a second life. Actively managing a growing inventory of over 300,000 units, ZBK is now processing, distributing, and reselling over 5 Million units/year B2B/B2C.

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