Essays about: "Silvio Gesell"
Found 2 essays containing the words Silvio Gesell.
-
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 institutionenAbstract : 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
-
2. From Anarchy to Central Bank Policy: Silvio Gesell, Negative Interest Rates and Post-Crisis Monetary Policy
University essay from Lunds universitet/Ekonomisk-historiska institutionenAbstract : The dawn of negative interest rates has drawn much attention to the German economist and libertarian socialist Silvio Gesell (1862-1930) who proposed the measure in the early 20th century. Although the attention has led to countless mentions in economic journal articles and speeches conducted by central bankers, often, no further effort is made of going deeper into his work. READ MORE
