Bank Credit and the Creation of Deposits: the Original Contribution of Émile Mireaux

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3 mai 2021

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OpenEdition Books

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https://www.openedition.org/12554 , info:eu-repo/semantics/openAccess



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Frenchmen (French people)

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Giuseppe Fontana, « Bank Credit and the Creation of Deposits: the Original Contribution of Émile Mireaux », CNRS Éditions, ID : 10.4000/books.editionscnrs.43887


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The purpose of this paper is to investigate the credit theory of the French economist Émile Mireaux (1885-1969). Mireaux actively participated in the French monetary debate during the interwar years. Nevertheless, current literature has overlooked his contribution to the monetary theory of that period. This oversight is very serious in the light of Mentor Bouniatian’s belief that Mireaux’s Les Miracles du crédit (1930) could be likened to the main works of Hawtrey and Keynes in England as wel...

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