Credit and State Theories of Money: The Contributions of A. Mitchell Innes

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L. Randall Wray
Edward Elgar Publishing, Jan 1, 2004 - Business & Economics - 271 pages
In Credit and State Theories of Money, Professor Randy Wray continues and extends the influential tradition established by his path-breaking contribution Money and Credit in Capitalist Economies (1990). The focus in the current book is on the work of A. M
 

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Contents

Introduction
1
What is Money?
14
The Credit Theory of Money
50
The Social Origins of Money The Case of Egypt
79
The Archaeology of Money Debt versus Barter Theories of Moneys Origins
99
The Primacy of Trade Debts in the Development of Money
128
The Emergence of Capitalist Credit Money
173
Conclusion The Credit Money and State Money Approaches
223
Index
263
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About the author (2004)

Mathew Forstater is the Director and L. Randall Wray is the Research Director at the Center for Full Employment and Price Stability, University of Missouri at Kansas City.

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