sabato 3 novembre 2018

THE STATE THEORY OF MONEY: The Lost Chapter

THE STATE THEORY OF MONEY: The Lost Chapter 


 This text is the only existing English translation from German of the forgotten fourth chapter and the appendixes of the Georg Friedrich Knaap’s book “The State Theory of Money” (1906) from which much of the so-called MMT was derived.

A quote from the Austria chapter: "Almost at the moment when the new banking system, which had hitherto only actually practiced course regulation, became a legal institution, it repeated itself what had happened in 1859 and 1866: the outbreak of war shook the newly-founded work and completely destroyed it."

Why it was not translated before 112 years ?

 "Due to a lack of financial means, the Royal Economic Society voluntary omitted the translation of Chapter IV which contains a historical review of England, France, Germany, Austria, and appendices containing specific case studies. "

Now you can read it through Amazon:

 https://www.amazon.com/STATE-THEORY-MONEY-Chapter-English-ebook/dp/B07K4GL6JS/ref=sr_1_2?ie=UTF8&qid=1541252081&sr=8-2&keywords=marco+saba

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