Online:
Visits:
Stories:
Profile image
By Global Economic Intersection
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Reading Mensik’s “The Origins of the Income Theory of Money”

Thursday, March 5, 2015 2:49
% of readers think this story is Fact. Add your two cents.

(Before It's News)

by Dirk Ehnts, Econoblog101

The title of this post was taken from a paper by Josef Mensik, a colleague of mine from Brno in the Czech Republic. The abstract starts like this:

The income theory of money was conceived in the 19th century, and in the first half of the 20th century it formed the backbone of all the main monetary approaches of the time. Yet, since it did so mostly implicitly rather than explicitly, and since the later developments moved economic theory in a different direction, the income theory of money is hardly remembered at present. While mainly accounting for the origins of the approach, I am also offering a brief comparison with the present mainstream economics and I shortly address the question of the possible future of the theory too.

Read more »



Source: http://econintersect.com/b2evolution/blog2.php/2015/03/05/reading-mensik-s-the-origins-of-the-income-theory-of-money

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.