Money as mumeraire: doctrinal aspects and contemporary relevance
At the beginning of the twentieth century, most economists took it for granted that the primary function of money is its role as a medium of exchange and that moneyshould consist of, or be backed by, gold, or silver, or both. This paper discusses three writers--Alexander Del Mar, Georg Knapp, and J...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Associazione Economia civile
2012-04-01
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Series: | PSL Quarterly Review |
Subjects: | |
Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9873 |