A Theory of Money Without a Theory of Value. The Approach of Peter Berngardovich Struve (1870–1944) Cover Image
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Теория на парите без теория за ценността. Подходът на Петър Бернгардович Струве (1870–1944)
A Theory of Money Without a Theory of Value. The Approach of Peter Berngardovich Struve (1870–1944)

Author(s): Nikolay Nenovsky
Subject(s): Politics / Political Sciences, Philosophy, Economy, Micro-Economics, Marxist economics, Philosophical Traditions, Political Theory, Political economy
Published by: Институт по философия и социология при БАН
Keywords: theory of value; theory of prices; theory of money; Peter Struve

Summary/Abstract: In the article are presented the main logical points through which Peter Struve (1870–1944) explained the functioning of exchange and the coordination of individual economic activities. Value and the theory of value are eliminated. In its mildest form, it is subordinated to the theory of price and the theory of money. Accounting and statistics, as well as legal norms, became leading mechanisms for measuring individual human efforts. Peter Struve can be seen as a prominent representative of monetary analysis (if one follows Joseph Schumpeter's famous classification in his History of Economic Analysis).

  • Issue Year: XXXII/2023
  • Issue No: 3
  • Page Range: 7-18
  • Page Count: 12
  • Language: Bulgarian
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