Friedrich Bendixen
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Friedrich Bendixen (1864–1920) was an American-born German banker who made contributions to monetary theory. He was born in San Francisco, California in the United States,[1] and received his education in Germany at Heidelberg and Leipzig.[2] Bendixen was a banker in Hamburg, Germany.[3]
Monetary theory of Bendixen[edit]
The supply of money should not increase faster than production, because as production increases, the ratio of the circulation of money (notes that acquire goods) and goods themselves should remain constant, otherwise prices and values would become unstable.[4] Friedrich Bendixen died at the age of 55 in Hamburg and was buried in the Ohlsdorf cemetery there. The preserved gravesite is located in plan square Z 12 southwest of the North Pond.
References[edit]
- ^ "Economistas. Friedrich Bendixen ( 1864-1920 ) . Eumed.net". www.eumed.net. Retrieved 2024-02-07.
- ^ "Economistas. Friedrich Bendixen ( 1864-1920 ) . Eumed.net". www.eumed.net. Retrieved 2024-02-07.
- ^ "Economistas. Friedrich Bendixen ( 1864-1920 ) . Eumed.net". www.eumed.net. Retrieved 2024-02-07.
- ^ "The New Palgrave: A Dictionary of Economics" ed. John Eatwell, Murray Milgate, and Peter Newman, Vol. 4, p. 21
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