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On the Origins of Money (Large Print Edition)

Carl Menger

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ISBN 10: 147936715X / ISBN 13: 9781479367153
Published by CreateSpace Independent Publishing Platform, 2009
Condition: Good Soft cover
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Bibliographic Details

Title: On the Origins of Money (Large Print Edition)

Publisher: CreateSpace Independent Publishing Platform

Publication Date: 2009

Binding: Paperback

Book Condition: Good

Edition: Lrg.

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Synopsis:

LARGE PRINT EDITION! More at LargePrintLiberty.com

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. "

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