Essays about: "Knut Wicksell"

Found 1 essay containing the words Knut Wicksell.

  1. 1. Setting the Pace of Capitalism - A Post-Keynesian Perspective on Interest and Profits as a Monetary Phenomenon

    University essay from Lunds universitet/Ekonomisk-historiska institutionen

    Author : Tune Nielsen; [2017]
    Keywords : History of economic thought; post-Keynesianism; monetary theory of interest; endogenous money; Silvio Gesell; John Maynard Keynes; Knut Wicksell; Social Sciences;

    Abstract : Financial markets turn all their attention towards the Federal Reserve Bank and the European Central Bank whenever there are the slightest rumors of a change in the policy rate of interest. But why is this rate so important and what is the theoretical basis of its existence in the first place? In modern economic literature theories of interest are rarely explicitly touched upon and interest is often simply taken for granted in most textbooks. READ MORE