Re: [Pen-l] Money

To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] Money
From: Michael Perelman <michael@xxxxxxxxxxxxxxxxx>
Date: Mon, 29 Dec 2008 16:13:31 -0800
User-agent: Mutt/1.5.16 (2007-06-09)

I think that Randy Wray is on to something.  I have been reading up on John 
Law's Mississippi bubble. He got the state to accept his notes as payment, 
making them serve as money.

On Mon, Dec 29, 2008 at 11:30:13PM -0000, McDonough, Terrence wrote:
> Does no one else see any merit in the chartalist approach to money which argues that money is anything the state deems acceptable in payment of taxes.
> 
> Terry
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-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
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Follow-Ups:
- Re: [Pen-l] Money
  - From: John Vertegaal

References:
- [Pen-l] Money
  - From: McDonough, Terrence

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Thread context:
- [Pen-l] John Reed Film Society nominees, Louis Proyect Mon 29 Dec 2008, 20:55 GMT
- [Pen-l] money, Charles Brown Mon 29 Dec 2008, 19:23 GMT
  - <Possible follow-up(s)>
  - [Pen-l] money, Charles Brown Mon 29 Dec 2008, 19:40 GMT
  - [Pen-l] Money, McDonough, Terrence Mon 29 Dec 2008, 23:04 GMT
    - Re: [Pen-l] Money, Michael Perelman Mon 29 Dec 2008, 23:48 GMT
      
      Re: [Pen-l] Money, John Vertegaal Tue 30 Dec 2008, 01:05 GMT
      
      [Pen-l] Re: Money, Michael Nuwer Tue 30 Dec 2008, 01:21 GMT
    - Re: [Pen-l] Money, Carrol Cox Tue 30 Dec 2008, 00:14 GMT
    - Re: [Pen-l] Money, Jim Devine Tue 30 Dec 2008, 00:52 GMT

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