Free Money for Social Progress
Theory and Practice of Gesell's Accelerated Money
Bibliographic Data
| ID | 2807664 |
|---|---|
| Authors | Jér$ocme Blanc, Jérôme Blanc (0000-0003-4761-7086, Université Lumière Lyon 2, corresponding author) |
| Year | 1998 |
| Volume | 57 |
| Issue | 4 |
| Pages | 469-483 |
| Publication date | 1998-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Journal of Economics and Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0002-9246 • E-ISSN: 1536-7150 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1536-7150.1998.tb03376.x |
| OpenAlex | W2305243224 |
| Language | EN |
| Citations received | 5 |
| References cited | 8 |
Silvio Gesell (1862-1930) proposed a system of stamped money in order to accelerate monetary circulation and to free money from interest. This was part of a global socialist system intended to free the economy from rent and interest. In the 1930s, Irving Fisher, who proposed the system to President Roosevelt, and John Maynard Keynes rendered homage to Gesell's monetary proposals in the context of the economic depression. Several experiments took place that were based on his ideas, notably in the Austrian town of Wörgl and in the United States. These experiments were always local and never lasted more than a few months. This article shows that trust is the main issue of this kind of monetary organization; and therefore, that such experiments can only take place successfully on a small scale
Central bank · Circulation (fluid dynamics) · Context (archaeology) · Economics · Economy · Great Depression · Keynesian economics · Monetary policy · Monetary system · Money creation · Order (exchange) · Political science · Engineering · Finance · History · Law · Political Economy and Marxism
La question de la légitimité monétaire
Les monnaies sociales en tant que dispositifs innovants
Edgard Milhaud and the Case for Establishing an International Clearing Union in the 1930s
Contraintes Et Choix Organisationnels Dans Les Dispositifs De Monnaies Sociales
The Moral Economy of Parallel Currencies
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,21 |
| Citation span | 2002 - 2024 (23) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 4 |