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Published: 14 October 2015
EISBN: 978-0-8223-7517-3
... origin of money evolution barter complementary currencies infrastructure ...
Published: 14 October 2015
DOI: 10.1215/9780822375173-005
EISBN: 978-0-8223-7517-3
... This chapter provides an alternative account on the origins of money. It suggests two revisions to the long-held belief that money originated due to the inconveniences of barter. First, money is more properly understood as a recording device than as a valuable token used to equilibrate values...