11 ms·
It's been a few years since I last read it but Menger's take was the first I've ever read that just makes sense: https://mises.org/sites/default/files/On%20the%
by noahmarc 11y ago
It's been a few years since I last read it but Menger's take was the first I've ever read that just makes sense: https://mises.org/sites/default/files/On%20the%20Origins%20of%20Money_5.pdf https://mises.org/sites/default/files/On%20the%20Origins%20o... (1892)
- jacobolus 11y agoIt may “make sense”, but it’s also an ahistorical just-so story. If you want a more accurate description, I recommend the first half of David Graeber’s book Debt: The First 5000 Years, also mentioned by another top-level comment.
- hitekker 11y agoFor me, mises.org has the same credibility in economics as the DailyCaller or PoliticaUsa have in politics.
- amatic 11y agoSame here. I used to read articles from mises.org, but they seem to have some fishy characters as contributors and authors. Note, however, that Menger is not a columnist or blogger: http://en.wikipedia.org/wiki/Carl_Menger http://en.wikipedia.org/wiki/Carl_Menger http://www.britannica.com/EBchecked/topic/374958/Carl-Menger http://www.britannica.com/EBchecked/topic/374958/Carl-Menger
- skylan_q 11y agoIt's a great read that actually gets you to understand how money came to be, in a theoretical sense. The book the other poster suggests is more about the history of money and monetary phenomena.