Knut Wicksell's "Bank Rate of Interest as the Regulator of Prices"

Knut Wicksell presents 10 points regarding his theory of the bank rate of interest as the regulator of prices. He believes that the main function of all currency systems is the provision of a standard of value that comes as close as possible to being invariable.

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Veröffentlicht in:History of political economy 2001-10, Vol.33 (3), p.509-516
1. Verfasser: Wicksell, K.
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creator Wicksell, K.
description Knut Wicksell presents 10 points regarding his theory of the bank rate of interest as the regulator of prices. He believes that the main function of all currency systems is the provision of a standard of value that comes as close as possible to being invariable.
doi_str_mv 10.1215/00182702-33-3-509
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1527-1919
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source Political Science Complete; Worldwide Political Science Abstracts; Business Source Complete
subjects Commodities
Commodity prices
Consumption
Currencies
Currency
Economics
Equilibrium
European History
History
History of economic thought
Interest
Price levels
Price regulation
Prices
Theory
U.S. History
Wages & salaries
Wicksell, Knut (1851-1926)
title Knut Wicksell's "Bank Rate of Interest as the Regulator of Prices"
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