History of Monetary and Credit Theory

History of Monetary and Credit Theory
Author: Charles Rist
Publisher: Routledge
Total Pages: 571
Release: 2016-11-10
Genre: Business & Economics
ISBN: 1315440946

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Originally published in 1940, this book traces the development of theories concerning currency and credit from the beginning of the eighteenth century to the middle of the twentieth. It provides a comprehensive account of the political and economic conditions in which the theories and controversies arose, with the result that the work has become a classic in its field.

The Theory of Money and Credit

The Theory of Money and Credit
Author: Ludwig Von Mises
Publisher: Ludwig von Mises Institute
Total Pages: 507
Release: 1953
Genre: Credit
ISBN: 1610163222

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History of Monetary and Credit Theory

History of Monetary and Credit Theory
Author: Charles Rist
Publisher: Burns & Oates
Total Pages: 442
Release: 1994
Genre: Credit
ISBN: 9781855063334

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Rist traces the development of theories concerning currency and credit from the beginning of the eighteenth century to the 1940s. He combines his unsurpassed knowledge of the subject with a comprehensive account of the economic conditions in which the theories and controversies arose. Using simple and clear language, Rist does much to dispel the dull image of currency and credit analysis.

Credit and State Theories of Money

Credit and State Theories of Money
Author: L. Randall Wray
Publisher: Edward Elgar Publishing
Total Pages: 296
Release: 2004-01-01
Genre: Business & Economics
ISBN: 9781843769842

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In 1913 and 1914, A. Mitchell Innes published a pair of articles that stand as two of the best pieces written in the twentieth century on the nature of money. Only recently rediscovered, these articles are reprinted and analyzed here for the first time.

Monetary Theory and Policy from Hume and Smith to Wicksell

Monetary Theory and Policy from Hume and Smith to Wicksell
Author: Arie Arnon
Publisher: Cambridge University Press
Total Pages: 449
Release: 2010-11-22
Genre: Business & Economics
ISBN: 113949208X

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This book provides a comprehensive survey of the major developments in monetary theory and policy from David Hume and Adam Smith to Walter Bagehot and Knut Wicksell. In particular, it seeks to explain why it took so long for a theory of central banking to penetrate mainstream thought. The book investigates how major monetary theorists understood the roles of the invisible and visible hands in money, credit and banking; what they thought about rules and discretion and the role played by commodity-money in their conceptualizations; whether or not they distinguished between the two different roles carried out via the financial system - making payments efficiently within the exchange process and facilitating intermediation in the capital market; how they perceived the influence of the monetary system on macroeconomic aggregates such as the price level, output and accumulation of wealth; and finally, what they thought about monetary policy.

The Credit Theory of Money

The Credit Theory of Money
Author: Alfred Mitchell-Innes
Publisher:
Total Pages: 48
Release: 1914
Genre:
ISBN: 9781646793631

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"[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.

Money, Financial Institutions and Macroeconomics

Money, Financial Institutions and Macroeconomics
Author: Avi Cohen
Publisher: Springer Science & Business Media
Total Pages: 299
Release: 2012-12-06
Genre: Business & Economics
ISBN: 9401153620

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Money, Financial Institutions and Macroeconomics presents a comparative and international perspective on the current state of research in monetary theory, and the application of monetary theory to important policy issues. The main emphasis is on views stressing the importance of credit creation in the monetary process, in a tradition which arguably encompasses Wicksell, the later Swedes and the Austrians, through the later Hicks, the circuit school and contemporary post-Keynesians. In addition, however, there are distinguished contributions from economists with a more `mainstream' approach to the issues. The book is subdivided into four main parts: Part I reviews the theory of a monetary and credit economy; Part II explores alternative views on money and credit; Part III deals with monetary policy issues in North America; and Part IV discusses monetary policy issues in Europe. `Taken together, the contributions to this volume certainly bear out Hick's famous adage about the much closer relationship between `monetary theory' and `monetary history' than is the case in other branches of economic thought.'

A History of Money

A History of Money
Author: Glyn Davies
Publisher: University of Wales Press
Total Pages: 1308
Release: 2016-05-15
Genre: Business & Economics
ISBN: 1783163119

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A History of Money looks at how money as we know it developed through time. Starting with the barter system, the basic function of exchanging goods evolved into a monetary system based on coins made up of precious metals and, from the 1500s onwards, financial systems were established through which money became intertwined with commerce and trade, to settle by the mid-1800s into a stable system based upon Gold. This book presents its closing argument that, since the collapse of the Gold Standard, the global monetary system has undergone constant crisis and evolution continuing into the present day.