Credit and State Theories of Money: The Contributions of A. Mitchell Innes

by L. Randall Wray (Editor), A. Mitchell Innes (Editor)



In 1913 and 1914, A. Mitchell Innes published a pair of articles that stand as two of the best pieces written in the twentieth century on the nature of money. Only recently rediscovered, these articles are reprinted here for the first time. In addition, five new contributions analyze and extend the approach of Innes in a number of directions by including historical, anthropological, sociological, archeological, and economic analyses of the nature of money.