Summary:
Superb Schumpeter quote on credit as money. He gets it right. Keeper. BTW, Hyman Minksy was Schumpeter's student and MMT economist Randy Wray was a student of Minsky.Lars P. Syll’s BlogSchumpeter — an early champion of MMTLars P. Syll | Professor, Malmo University
Topics:
Mike Norman considers the following as important: credit theory of money, Joseph Schumpeter
This could be interesting, too:
Superb Schumpeter quote on credit as money. He gets it right. Keeper. BTW, Hyman Minksy was Schumpeter's student and MMT economist Randy Wray was a student of Minsky.Lars P. Syll’s BlogSchumpeter — an early champion of MMTLars P. Syll | Professor, Malmo University
Topics:
Mike Norman considers the following as important: credit theory of money, Joseph Schumpeter
This could be interesting, too:
Mike Norman writes Dirk Ehnts — Schumpeter on Knapp in his 1954 HEA
Mike Norman writes Christopher Kent — Money – Born of Credit?
Mike Norman writes Bruce Bower — Conflict reigns over the history and origins of money
Mike Norman writes Martin Armstrong — The First Representative Form of Money
BTW, Hyman Minksy was Schumpeter's student and MMT economist Randy Wray was a student of Minsky.
Lars P. Syll’s Blog
Schumpeter — an early champion of MMT
Lars P. Syll | Professor, Malmo University