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Page:Georg Freidrich Knapp - The State Theory of Money (1924 translation).pdf/320; Usage on ja.wikipedia.org
Some scholars suggest that the directionality of the imperial boomerang needs to be re-evaluated. Political scientist Stuart Schrader argues for a colony-centered explanation to the boomerang effect, especially in the case of the United States where imperial and racial violence predates the heyday of the American empire. [16]
The theory of imperialism is the basis of most socialist theories of warfare and international relations, and is used to argue that international conflict and exploitation will only end with the revolutionary overthrow or gradual erosion of class systems and capitalist relations of production. [3]
Created Date: 8/30/2012 4:52:52 PM
Georg Friedrich Knapp, a German economist, invented the term "chartalism" in his State Theory of Money, which was published in German in 1905 and translated into English in 1924. The name derives from the Latin charta, in the sense of a token or ticket. [2] Knapp argued that "money is a creature of law" rather than a commodity. [3]
Monetary economics is the branch of economics that studies the different theories of money: it provides a framework for analyzing money and considers its functions ( as medium of exchange, store of value, and unit of account), and it considers how money can gain acceptance purely because of its convenience as a public good. [1]
Keynes most notably clarified his Theory of Money in catty dialogue [2] with other economists of the day, such as Friedrich Hayek and Dennis Robertson. Keynes described his rejoinder as such “in my Rejoinder to Mr. D. H. Robertson, Published in the Economic Journal for September, 1931, I have endeavoured to re-state in a clearer way what my ...
Download as PDF; Printable version; In other projects ... Boomerang effect may refer to: Boomerang effect (psychology) in social psychology; Imperial boomerang in ...