Development and Underdevelopment in the History of Economic Thought

Peter Berngardovich Struve. Pioneer of “Monetary Analysis”.

Nenovsky Nikolay, LEFMI, Université d'Amiens

Serious studies on the economic theory and the economic legacy of P. Struve have come out above all in Russia (e.g. Dmitriev, 2013). Struve’s influence on the shaping up of the economic science in many countries, especially at the Balkans and during the first decade of Soviet rule (through his disciples and colleagues), has definitely justified the reference to a whole generation of economists - struvists following Struve’s main ideas (e.g. Nenovsky and Penchev, 2015). Despite the progress and unlike the thoroughly studied political ideas and activity of Struve, his economic works and above all, his theoretical potential have been understudied and even ignored. I consider that Struve’s economic works can be reconstructed so that to provide interesting possibilities for the development of the contemporary economic theory. Recently I have made a parallel with the modern monetary theory of Jean Cartelier and Carlo Benetti placing money, statistics and accounting in the centre of the theoretical model (Nenovsky, 2019).


Keywords: Struve, Monetary analysis