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Business & Money

The Origins of Money (LvMI)

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The Origins of Money (LvMI)

Written in the same year that he testified before the Currency Commission in Austria-Hungary and first published in English in 1892, Carl Menger's On the Origins of Money explains that it is not government edicts that create money, but rather the marketplace.

"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 available in more than a century. Doug French provides the foreword.

To search for Mises Institute titles, enter a keyword and LvMI (short for Ludwig von Mises Institute); e.g., Depression LvMI

Country	USA
Author	Carl Menger
Binding	Kindle Edition
Format	Kindle eBook
IsAdultProduct
Label	Ludwig von Mises Institute
Manufacturer	Ludwig von Mises Institute
NumberOfPages	56
PublicationDate	2011-06-16
Publisher	Ludwig von Mises Institute
ReleaseDate	2011-06-16
Studio	Ludwig von Mises Institute

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