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Chartalism

Chartalism is a heterodox theory in macroeconomics that views money as a pure creation of the state, introduced to control and organize economic activity rather than arising from barter or debt. It holds that fiat currency has value because governments impose taxes that must be paid in the currency they issue, creating demand for it.[citation needed]

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Background

Modern proponents

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Chartalism

Nodes43
Edges42
Triples33
Avg. degree1.95
Density0.046512
Components1

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Chartalism

Top relations

related to background · 16
Chartalism → Adam Smith, English, Georg Friedrich Knapp, German, He, However, Knapp, Latin, Mathew Forstater, Money, Nations, Randall Wray, State Theory, The, The Wealth, When Knapp
related to Modern proponents · 16
Chartalism → Australia, Bill Mitchell, Centre, CofFEE, Economists Warren Mosler, Equity, Full Employment, Mitchell, Modern Monetary Theory, Neo-Chartalism, Newcastle, Randall Wray, Scott Fullwiler, Stephanie Kelton, University, Wray
is a · 1
Chartalism → heterodox theory in macroeconomics that views money as a pure creation of the state

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Important terminology

money state theory debt value knapp argued government monetary creation currency modern barter heterodox term law could economists redemption pure

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Chartalismis aheterodox theory in macroeconomics that views money as a pure creation of the state0.90text
Chartalismrelated to backgroundGeorg Friedrich Knapp0.60section
Chartalismrelated to backgroundGerman0.60section
Chartalismrelated to backgroundState Theory0.60section
Chartalismrelated to backgroundMoney0.60section
Chartalismrelated to backgroundEnglish0.60section
Chartalismrelated to backgroundThe0.60section
Chartalismrelated to backgroundLatin0.60section
Chartalismrelated to backgroundKnapp0.60section
Chartalismrelated to backgroundHe0.60section
Chartalismrelated to backgroundWhen Knapp0.60section
Chartalismrelated to backgroundHowever0.60section

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