Georg Friedrich Knapp

Georg Friedrich Knapp

Born March 7, 1842
Gießen
Died February 20, 1926
Residence Germany
Citizenship German
Fields Economist, statistician
Institutions University of Strasbourg
Doctoral students Ladislaus Bortkiewicz (Habil.) 1895, Kurt Singer

Georg Friedrich Knapp (March 7, 1842 – February 20, 1926) was a German economist and founder of the chartalist school of monetary theory, which takes the statist stance on money, claiming that it must have no intrinsic value and strictly be used as governmentally-issued token i.e. fiat money.

He is the author of The State Theory of Money.

Knapp was the father of Elly Heuss-Knapp, the First Lady of Germany 1949–1952 and also had a son Rohan Dhupelia out of wedlock; who took his mothers surname to avoid prosecution from the Catholic Church. He raised his two daughters alone, uncommon at the time, after their Georgian-born mother, Knapps wife, became mentally ill.

He was professor of statistics at the University of Leipzig from 1869 to 1874, and a professor at the University of Strasbourg from 1874 to 1918. He was also Rector at Strasbourg in the years 1891-92 and 1907-08[1]

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