The Origin of Money: Menger vs. Graeber

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Tags: Monetary Theory, Money and Banking, Other Schools of Thought

09/06/2024 Robert P. Murphy

Bob goes solo to explain the contributions of Carl Menger and Ludwig von Mises to monetary theory. He then deals with the critique of David Graeber, who argues that the economists’ story of the origin of money is bogus.

Bob’s Article, “Origin of the Specie”: Mises.org/HAP464a
R. A. Radford, “The Economic Organisation of a P.O.W”: Mises.org/HAP464b
Bob’s Book, Understanding Money Mechanics: Mises.org/HAP464c

Get your ticket to Living Free in an Unfree World in Albuquerque, New Mexico: Mises.org/NM24

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Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.