The Theory of the Emission Economy Bolshevik roots of "Modern Monetary Theory"
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Nikolay Nenovsky, 2020. "The Theory of the Emission Economy Bolshevik roots of "Modern Monetary Theory"," Working Papers hal-04084551, HAL.
References listed on IDEAS
- Jesús Huerta de Soto, 2010. "Socialism, Economic Calculation and Entrepreneurship," Books, Edward Elgar Publishing, number 13905.
- Nikolay Nenovsky, 2019. "Money as a coordinating device of a commodity economy: old and new, Russian and French readings of Marx [La monnaie comme dispositif de coordination d'une économie marchande décentralisée. Lectures," Post-Print hal-03831242, HAL.
- Lindbeck, Assar, 2007. "János Kornai’s Contributions to Economic Analysis," Working Paper Series 724, Research Institute of Industrial Economics.
- George Garvy, 1977. "Introduction to "Money, Financial Flows, and Credit in the Soviet Union"," NBER Chapters, in: Money, Financial Flows, and Credit in the Soviet Union, pages 1-12, National Bureau of Economic Research, Inc.
- Igor Birman, 1980. "The financial crisis in the USSR," Europe-Asia Studies, Taylor & Francis Journals, vol. 32(1), pages 84-105.
- Nikolay Nenovsky, 2019. "Money as a coordinating device of a commodity economy: old and new, Russian and French readings of Marx. Part 2 [La monnaie comme dispositif de coordination d’une économie marchande décentralisée. ," Post-Print hal-03831250, HAL.
- Hayek, F. A., 2012. "Hayek on Hayek," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226321202 edited by Kresge, Stephen & Wenar, Leif, December.
- L. Randall Wray, 2024.
"Modern Money Theory,"
Springer Books,
Springer,
edition 3, number 978-3-031-47884-0, July.
- L. Randall Wray, 2012. "Modern Money Theory," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-137-26514-2, December.
- L. Randall Wray, 2015. "Modern Money Theory," Palgrave Macmillan Books, Palgrave Macmillan, edition 2, number 978-1-137-53992-2, December.
- Nenovsky, Nikolay, 2019. "Money as a coordinating device of a commodity economy: old and new, Russian and French readings of Marx. Part 1. Monetary theory of value [La monnaie comme dispositif de coordination d'une économie," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 26.
- Tim Congdon, 2020. "Will the Current Money Growth Acceleration Increase Inflation?," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 21(2), pages 1-24, April.
- L. F. G. De Cazaux, 1965. "On The Budget," Journal of Accounting Research, Wiley Blackwell, vol. 3(2), pages 264-265.
- Kornai, Janos, 1992. "The Socialist System: The Political Economy of Communism," OUP Catalogue, Oxford University Press, number 9780198287766.
- Hans-Werner Sinn, 2020. "The Economics of Target Balances," Springer Books, Springer, number 978-3-030-50170-9, February.
- Stefania Jaconis, 2017. "Currency Substitution and Instability in the Economy: The Soviet Experiment of the «Chervonets» in the Twenties," Rivista di storia economica, Società editrice il Mulino, issue 1, pages 89-112.
- D. M. Nuti, 1986. "Hidden And Repressed Inflation In Soviet-Type Economies: Definitions, Measurements And Stabilisation," Contributions to Political Economy, Cambridge Political Economy Society, vol. 5(1), pages 37-82.
- Maskin, Eric (ed.), 2000. "Planning, Shortage, and Transformation: Essays in Honor of János Kornai," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262133571, April.
- N. Gregory Mankiw, 2020.
"A Skeptic's Guide to Modern Monetary Theory,"
AEA Papers and Proceedings, American Economic Association, vol. 110, pages 141-144, May.
- N. Gregory Mankiw, 2020. "A Skeptic's Guide to Modern Monetary Theory," NBER Working Papers 26650, National Bureau of Economic Research, Inc.
- Byung-Yeon Kim, 2002. "Causes of repressed inflation in the Soviet consumer market, 1965–1989: retail price subsidies, the siphoning effect, and the budget deficit[I thank An]," Economic History Review, Economic History Society, vol. 55(1), pages 105-127, February.
- Marc Lavoie, 2013.
"The Monetary and Fiscal Nexus of Neo-Chartalism: A Friendly Critique,"
Journal of Economic Issues, Taylor & Francis Journals, vol. 47(1), pages 1-32.
- Marc Lavoie, 2013. "The monetary and fiscal nexus of neo-chartalism: A friendly critique," Post-Print hal-01343744, HAL.
- Eric Tymoigne & L. Randall Wray, 2013. "Modern Money Theory 101: A Reply to Critics," Economics Working Paper Archive wp_778, Levy Economics Institute.
- Hanke, Steve, 2012. "Bulgaria: Fifteen Years Later," Studies in Applied Economics 2, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
- George Garvy, 1977. "Appendix to "Money, Financial Flows, and Credit in the Soviet Union"," NBER Chapters, in: Money, Financial Flows, and Credit in the Soviet Union, pages 190-218, National Bureau of Economic Research, Inc.
- Igor Birman, 1980. "A reply to professor Pickersgill," Europe-Asia Studies, Taylor & Francis Journals, vol. 32(4), pages 586-591.
- Nenovsky, Nikolay & Hristov, Kalin, 2002.
"The new currency boards and discretion: empirical evidence from Bulgaria,"
Economic Systems, Elsevier, vol. 26(1), pages 55-72, April.
- K. Hristov & Nikolay Nenovsky, 2002. "New Currency Boards and Discretion. The empirical Evidence from Bulgaria," Post-Print halshs-00259875, HAL.
- Nenovsky, Nikolay, 2019. "Money as a coordinating device of a commodity economy: old and new, Russian and French readings of Marx. Part 2. The theory of money without the theory of value [La monnaie comme dispositif de coor," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 26.
- George Garvy, 1977. "Money, Financial Flows, and Credit in the Soviet Union," NBER Books, National Bureau of Economic Research, Inc, number garv77-1.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Eric Magnin & Nikolay Nenovsky, 2024.
"Soft monetary constraint and shortage in the European sovereign debt economy,"
The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 37(1), pages 55-80, March.
- Eric Magnin & Nikolay Nenovsky, 2022. "Soft monetary constraint and shortage in the European sovereign debt economy," Post-Print hal-03665392, HAL.
- repec:hhs:bofitp:2012_010 is not listed on IDEAS
- Berkowitz, Daniel & Hoekstra, Mark & Schoors, Koen, 2014. "Bank privatization, finance, and growth," Journal of Development Economics, Elsevier, vol. 110(C), pages 93-106.
- Nakamura, Yasushi, 2013. "Soviet foreign trade and the money supply," BOFIT Discussion Papers 30/2013, Bank of Finland Institute for Emerging Economies (BOFIT).
- Adrien Faudot & Tsvetelina Marinova & Nikolay Nenovsky, 2022.
"Comecon Monetary Mechanisms. A history of socialist monetary integration (1949 -1991),"
Working Papers
hal-04084493, HAL.
- Faudot, Adrien & Marinova, Tsvetelina & Nenovsky, Nikolay, 2022. "Comecon Monetary Mechanisms. A history of socialist monetary integration (1949 – 1991)," MPRA Paper 114701, University Library of Munich, Germany.
- Daniel Berkowitz & Mark Hoekstra & Koen Schoors, 2012.
"Does Finance Cause Growth? Evidence from the Origins of Banking in Russia,"
NBER Working Papers
18139, National Bureau of Economic Research, Inc.
- Berkowitz, Daniel & Hoekstra, Mark & Schoors, Koen, 2012. "Does finance cause growth? : Evidence from the origins of banking in Russia," BOFIT Discussion Papers 10/2012, Bank of Finland, Institute for Economies in Transition.
- Çağatay Bircan & Ralph De Haas, 2020.
"The Limits of Lending? Banks and Technology Adoption across Russia,"
The Review of Financial Studies, Society for Financial Studies, vol. 33(2), pages 536-609.
- Çagatay Bircan & Ralph de Haas, 2015. "The Limits of Lending: Banks and Technology Adoption across Russia," CESifo Working Paper Series 5461, CESifo.
- Bircan, Cagatay & de Haas, R., 2015. "The Limits of Lending : Banks and Technology Adoption Across Russia," Other publications TiSEM 8bd438b2-0e15-4fed-afc4-d, Tilburg University, School of Economics and Management.
- Bircan, Cagatay & de Haas, R., 2015. "The Limits of Lending : Banks and Technology Adoption Across Russia," Discussion Paper 2015-011, Tilburg University, Center for Economic Research.
- Bircan, Cagatay & de Haas, R., 2015. "The Limits of Lending : Banks and Technology Adoption Across Russia," Other publications TiSEM d7a436de-83f6-4551-aaf9-0, Tilburg University, School of Economics and Management.
- De Haas, Ralph & Bircan, Cagatay, 2019. "The Limits of Lending? Banks and Technology Adoption across Russia," CEPR Discussion Papers 13663, C.E.P.R. Discussion Papers.
- Nakamura, Yasushi, 2016. "Long-tarm Monetary Statistics for Russia," RRC Working Paper Series 63, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
- Dastan ASEİNOV & Kamalbek KARYMSHAKOV, 2018. "Development of the Banking System in Kyrgyzstan: An Historical Review and Current Challenges," Sosyoekonomi Journal, Sosyoekonomi Society.
- Derek Bailey, 1995. "Accounting in transition in the transitional economy," European Accounting Review, Taylor & Francis Journals, vol. 4(4), pages 595-623.
- Pyle, William & Schoors, Koen & Semenova, Maria & Yudaeva, Ksenya, 2013. "Bank Depositor behavior in Russia in the Aftermath of Financial Crisis," MPRA Paper 68932, University Library of Munich, Germany.
- Phil Armstrong, 2020. "Can Heterodox Economics Make a Difference?," Books, Edward Elgar Publishing, number 19964.
- Leonard Kukić, 2024. "Technical change and the postwar slowdown in Soviet economic growth in a long run perspective, 1885–2019," Economic History Review, Economic History Society, vol. 77(2), pages 644-674, May.
- Hein, Eckhard & Dodig, Nina & Budyldina, Natalia, 2014.
"Financial, economic and social systems: French Regulation School, Social Structures of Accumulation and Post-Keynesian approaches compared,"
IPE Working Papers
34/2014, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Eckhard Hein & Nina Dodig & Natalia Budyldina, 2014. "Financial, economic and social systems: French Regulation School, Social Structures of Accumulation and Post-Keynesian approaches compared," Working papers wpaper22, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
- Eric Tymoigne & L. Randall Wray, 2013. "Modern Money Theory 101: A Reply to Critics," Economics Working Paper Archive wp_778, Levy Economics Institute.
- Kim, Byung-Yeon & Kim, Suk Jin & Lee, Keun, 2007. "Assessing the economic performance of North Korea, 1954-1989: Estimates and growth accounting analysis," Journal of Comparative Economics, Elsevier, vol. 35(3), pages 564-582, September.
- Vicente Moreno‐Casas & Philipp Bagus, 2022. "Dynamic efficiency and economic complexity," Economic Affairs, Wiley Blackwell, vol. 42(1), pages 115-134, February.
- Eckhard Hein, 2017.
"Post-Keynesian macroeconomics since the mid 1990s: main developments,"
European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 14(2), pages 131-172, September.
- Hein, Eckhard, 2016. "Post-Keynesian macroeconomics since the mid-1990s: Main developments," IPE Working Papers 75/2016, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Eckhard Hein, 2017. "Post-Keynesian macroeconomics since the mid-1990s - main developments," FMM Working Paper 01-2017, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Olk, Christopher & Schneider, Colleen & Hickel, Jason, 2023. "How to pay for saving the world: Modern Monetary Theory for a degrowth transition," Ecological Economics, Elsevier, vol. 214(C).
- Byung‐Yeon Kim & Yoshisada Shida, 2017. "Shortages and the informal economy in the Soviet republics, 1965–89," Economic History Review, Economic History Society, vol. 70(4), pages 1346-1374, November.
- Landwehr, Jannik J., 2020. "The case for a job guarantee policy in Germany: A political-economic analysis of the potential benefits and obstacles," IPE Working Papers 150/2020, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
More about this item
Keywords
Monetary theory; MMT; Bolshevik monetary economy; Theory of Emission Economy; S. Falkner; V. Lenin;All these keywords.
JEL classification:
- B24 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Socialist; Marxist; Scraffian
- B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals
- E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:113048. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.