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On the Origins of Money (Large Print Edition)

On the Origins of Money (Large Print Edition) - Paperback

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On the Origins of Money (Large Print Edition)

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Availability:In StockContributor:Douglas E. French (Contribution by), Carl MengerPublish date:2009-01-01Pages:54
Language:EnglishPublisher:Createspace Independent Publishing PlatformISBN-13:9781479367153ISBN-10:147936715XUPC:9781479367153Book Category:Business & EconomicsBook Subcategory:Money & Monetary Policy, Economic History, EconomicsBook Topic:TheorySize:9.00 x 6.00 x 0.11 inchesWeight:0.1896Product ID:SC926QK64J
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Written in the same year that he testified before the Currency Commission in Austria-Hungary, and published in English in 1892, Carl Menger explains that it is not government edicts that create money but instead the marketplace. Individuals decide what the most marketable good is for use as a medium of exchange. "Man himself is the beginning and the end of every economy," Menger wrote, and so it is with deciding what is to be traded as money."Money has not been generated by law. In its origin it is a social, and not a state institution. Sanction by the authority of the state is a notion alien to it. "
Language:EnglishPublisher:Createspace Independent Publishing PlatformISBN-13:9781479367153ISBN-10:147936715XUPC:9781479367153Book Category:Business & EconomicsBook Subcategory:Money & Monetary Policy, Economic History, EconomicsBook Topic:TheorySize:9.00 x 6.00 x 0.11 inchesWeight:0.1896Product ID:SC926QK64J
Publisher: Createspace Independent Publishing Platform

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