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On the Origin of MONEY
By:Carl Menger
Published on 2015-10-13 by Cosimo Classics

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.
This Book was ranked at 6 by Google Books for keyword Endogenous money.
Book ID of On the Origin of MONEY's Books is C-AxCwAAQBAJ, Book which was written byCarl Mengerhave ETAG "AADNvNAkN0M"
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