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On the Origin of Money

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by Carl Menger
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On the Origin of Money by Carl Menger

On the Origins of Money is a discussion of the history of money and currency, from its crudest form as cowrie shells, animal pelts, and salt in early societies to the coin and paper money we use today. Rather than focusing on the type or shape of the money, author and economist Carl Menger looks at the reasons behind monetary exchange and why money is so valuable (or where it gets its inherent value). His argument centers on the "saleableness" of the goods or commodities being sold-in other words, the more "saleable" (or valuable or in demand) an item is, the more money it is worth. Hence, money gets its value from the objects it pays for. This short work is an insightful look into the history and value of money for any student or professional economist.

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Ebook Details
Pages: 36
Size: 372 KB
Publisher: Cosimo Classics
Date published:   2013
ISBN: 9781616409746 (DRM-EPUB)

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This product is listed in the following categories:

Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Business & Economics > Economic History

This author has products in the following categories:

Nonfiction > Education
Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Business & Economics > Economic History

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