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Description
This book contains one of Carl Menger's most important essays on the topic of money, price, and value. On the Origins of Money is a discussion of the history of money and currency, from its coarsest form as cowrie shells, animal furs, and salt in early societies to coins and the reasons why gold prevailed. Instead of focusing on the type or form of money, Menger examines the reasons for monetary exchange and why money is so valuable (or where it derives its value). His argument centers on the "marketability" of the traded goods or items – in other words: the more "marketable" (or valuable or in demand) an item is, the more money it is worth. This short work provides an insightful glimpse into the history and value of money.
With the series Fundamentals of Economics, Aprycot Media aims to foster an understanding of the foundation upon which Bitcoin was developed. The Austrian School of Economics provides us with a logical framework to better understand economics, monetary systems, and human action.
Characteristics
| Author: | Carl Menger |
| Shipping weight: | 0,09 kg |
| Item weight: | 0,08 kg |