On the Origin of Money
Bibliographic Data
| ID | 9716103 |
|---|---|
| Authors | Karl Menger (Foley Hoag (United States), corresponding author) |
| Year | 1892 |
| Volume | 2 |
| Issue | 6 |
| Pages | 239 |
| Publication date | 1892-06-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.2307/2956146 |
| OpenAlex | W3147576921 |
| Language | EN |
| Citations received | 126 |
Publisher Summary This chapter discusses the origin of money. Money is used as a token in trade to reassure traders in such a sequence that they are not making an egregiously bad deal. This leads to an alternate line of investigation, recognition that a theory of a medium of exchange is inter alia a theory of the liquidity or saleability of commodities. In primitive traffic, the economic man is awaking but very gradually to an understanding of the economic advantages to be gained by exploitation of existing opportunities of exchange. Under such conditions each man is intent to get by way of exchange just such goods as he directly needs, and to reject those of which he has no need at all, or with which he is already sufficiently provided. Thus, equipped he has the prospect of acquiring such goods as he finally wishes to obtain, not only with greater ease and security, but also by reason of the steadier and more prevailing demand for his own commodities, at prices corresponding to the general economic situation—at economic prices
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The Monetary Theory of Production
The two concepts of money
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Australian Monetary Sovereignty
Mental Accounting of Time
Monnaie et critique de l’économie politique
Valeur et monnaie comme puissance sociale
The nexus between money and public finance
Agreement is money
Walter Bagehot, creator of the modern Treasury Bill (1877)
Menger and the continental epistemology of uncertainty
The “Control Space” of the State
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Théories françaises de la monnaie
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Liste des références
Reflexiones sobre el dinero moderno
Subjective value in entrepreneurship
Are Institutions Created by Collective Acceptance
The introduction of coinage in Europe did not change pre-existing monetary patterns
Property Rights with Respect to Modern Money
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Monetary transformation
Critique of Mainstream Austrian Economics in the Spirit of Carl Menger , Antal Fekete
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A Cosmopolitan Reading of Modern Monetary Theory
The state as a creature of money
Money and the ‘Level Playing Field’
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Hegemonic currencies during the crisis
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The Role of credit in a Keynesian monetary economy
Are Shadow Moneys Money Proper? A Critical Discussion from the Perspective of the History of Monetary Theory
Scientific realism and Austrian explanation ∗
Shadow Money in the History of Monetary Thought
Carl Menger's theory of the evolution of money
Value and Money as Social Power
The Emergence of Money in Commodity Exchange, or Money as Monopolist of the Ability to Buy
A Taxonomy of Liquidity
The Development of Cryptocurrencies
Cryptocurrencies and Blockchain
Money Makes the World Go Round. Über die Dynamik des Geldes und die Grenzen der Systemtheorie
Supra-National Money and the Euro Crisis
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The social relations of money as universal equivalent
The Contributions of Knapp and Innes to the Chartalist Theory of Money
Searle and Menger on Money
Puzzled by Idealizations and Understanding Their Functions
Money, recognition, and the outer limits of obliviousness
The pure commodity theory of money
A plea for descriptive social ontology
Note sur l'origine de la monnaie dans les modeles de search
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The Continuing Muddles of Monetary Theory
Computability and Evolutionary Complexity
The Empirics of International Currencies
Notes on the Microfoundations of Monetary Economics
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Max Weber et la monnaie
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The Trade Theory of Money
SDGs and Public Banks
The Theory of Spontaneous Order and Cultural Evolution in the Social Theory of F.A. Hayek
Further reflections on the ontology of money
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The Changing Face of Methodological Individualism
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The Philosophy of Bitcoin and the Question of Money
How is Bitcoin Money
The Social Life of Bitcoin
Les trois fonctions de la monnaie
The Great Divergence
Towards an economic sociology of capitalism
Capitalism, money and banking
The inevitable sociality of money
Georg Friedrich Knapp's Legacy to Modern Monetary Theory
Money, Moral Authority, and the Politics of Creditworthiness
Zelizer's Theory of Money and the Case of Local Currencies
Communal Currencies
Money as a computational machine
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Joseph Schumpeter's Credit View of Money
Carl Menger and the Evolution of Payments Systems
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| Unique citing works | 126 |
|---|---|
| Citations per year | 1,85 |
| Citation span | 1958 - 2026 (69) |
| Citation velocity | current |
| Highly cited | Yes |
| Citation types | Neutral: 125 |