The State Theory of Money [FINANCE]
KNAPP, Georg Friedrich
Published by MacMillan Co, London, 1924
Used
Hardcover
From
Babylon Revisited Rare Books, Northampton, MA, U.S.A.
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About this Item
Description:
First Edition, First Printing in English. Abridged Edition, Translated by H. M. Lucas and J. Bonar. Originally published in 1905 in Germany. Important finance title which founded the chartalist school of monetary theory, which argues that money's value derives from its issuance by an institutional form of government rather than spontaneously through relations of exchange. It sets about to build a theory which could encompass indifferently monetary systems based on precious metals or paper money. Knapp's approach is naturalistic. As a theorist, he does not want to recommend what the monetary ought to be, nor does he explore how money could be put to use in order to attain certain goals. Drawing almost entirely on examples set in 19th century Europe, he derives from them a genetic and then a functional classification. Ownership signature of Texas legislator F. G. Swanson Tyler. Near Very Good, cloth over front spine gutter lacking and exposing webbing below, Swanson Tyler's warning to book borrowers stamped at both front and rear pastedowns and front and rear endpapers, in Very Good dustjacket, some shallow edge chips, rear panel with two dime sized chips. Seller Inventory # 31019
Bibliographic Details
Title: The State Theory of Money [FINANCE]
Publisher: MacMillan Co, London
Publication Date: 1924
Binding: Hardcover
Dust Jacket Condition: Dust Jacket Included
Edition: 1st Edition
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