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Product Information

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. CARL MENGER (1840-1921) was an Austrian economist, scholar, and author. He founded and taught at the Austrian School of Economics, where he authored several publications, mostly about the theory of marginal utility, which was directly in opposition to the then-favored cost-production theory of value, and which sparked controversy with his German colleagues. Before he retired from teaching to focus on research and study, Menger was appointed as the head of a commission to reform the Austrian monetary system. It was during this time that he wrote several well-known pieces about the purpose and origin of money and capital.

Product Identifiers

PublisherCosimo Classics

ISBN-139781616407841

eBay Product ID (ePID)141536175

Product Key Features

Publication Year2012

SubjectEconomics

Number of Pages36 Pages

LanguageEnglish

Publication NameOn the Origin of Money

TypeTextbook

AuthorCarl Menger

FormatPaperback

Dimensions

Item Height203 mm

Item Weight50 g

Item Width127 mm

Additional Product Features

Title_AuthorCarl Menger

Picture 1 of 1

On the Origin of Money by Carl Menger (Paperback, 2012)