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. "This is the first time this essay has been in print in more than a century!Introduction by Doug French
Details e-book The Origins of Money
🗸 Author(s): Carl Menger
🗸 Title: The Origins of Money
🗸 Rating : 4.4 from 5 stars (91 reviews)
🗸 Languange: English
🗸 Format ebook: PDF, EPUB, Kindle, Audio, HTML and MOBI
🗸 Supported Devices: Android, iOS, PC and Amazon Kindle
Readers' opinions about The Origins of Money by Carl Menger
Discover the untold stories of women who have shaped history with this illuminating collection of biographies. From pioneering scientists to revolutionary activists, each chapter shines a light on the remarkable achievements of women throughout the ages. With its inspiring tales of courage and resilience, this book is a celebration of female empowerment and achievement.

Delve into the pages of this engrossing historical fiction novel, where the past comes alive in vivid detail. Set against the backdrop of a bygone era, the story follows the lives of ordinary people caught up in extraordinary events. With its richly drawn characters and immersive storytelling, this book offers a glimpse into a world long gone but not forgotten.

This captivating memoir offers a deeply personal glimpse into the life of a remarkable individual, whose journey from hardship to triumph serves as an inspiration to us all. From humble beginnings to extraordinary achievements, the author's story is a testament to the power of perseverance and determination. With its raw honesty and heartfelt emotion, this book is a must-read for anyone seeking inspiration and hope.

Principles and Labs for Fitness and Wellness At Home Deep Learning with PyTorch: Build, train, and tune neural networks using Python tools Statistics for People Who (Think They) Hate Statistics CompTIA PenTest+ Study Guide: Exam PT0-001 Algorithms Illuminated (Part 2): Graph Algorithms and Data Structures Felt Flower Workshop: A Modern Guide to Crafting Gorgeous Plants & Flowers from Fabric The Mitten Handbook: Knitting Recipes to Make Your Own RAINBOW WARRIOR ACTIVATION DECK (52-card deck & 124-page guidebook) Walk the Wire (Memory Man Series, 6)