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Carl Menger and the Evolution of Payments Systems

Carl Menger and the Evolution of Payments Systems

From Barter to Electronic Money

by Michael Latzer and Stefan W. Schmitz
Hardback
Publication Date: 26/09/2002

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Carl Menger is of immense importance in the development of monetary economics. He built on the work of Adam Smith, showing how money evolved as a result of individuals trying to better themselves and was not, as some have claimed, an invention of a benevolent state. This title on Menger and the history of economic thought develops Menger's analysis of transactions so as to illuminate and advance discussions on the prospects for electronic money, an important topic in contemporary monetary theory.
ISBN:
9781840649185
9781840649185
Category:
Economic history
Format:
Hardback
Publication Date:
26-09-2002
Publisher:
Edward Elgar Publishing Ltd
Country of origin:
United Kingdom
Pages:
224
Dimensions (mm):
234x156x16mm
Weight:
0.42kg

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